Premium HDB for Sale in 117 Edgefield Plains

The valuation of the 4-room HDB unit in Punggol, with a remaining lease of 74 years, stands at an estimated value of $596,913, translating to a price per square foot of $590 PSF. This valuation reflects a modest 1.5% deviation from the baseline market price, indicating a stable yet cautious sentiment in the current HDB market. Such a slight difference suggests that while demand persists, buyers may exhibit a degree of hesitance, potentially due to economic uncertainties and fluctuations in the real estate landscape.

It is noteworthy that the model confidence for this valuation is classified as low, primarily driven by the reliance on a solitary recent resale transaction in the vicinity. This limited data point may not adequately encapsulate the broader market dynamics, leading to potential volatility in the perceived value. Investors should consider the implications of the remaining lease on future resale potential, as properties with shorter leases often attract a premium discount, which could impact long-term investment strategies in this evolving residential sector.