Premium HDB for Sale in 302B Punggol Place

The valuation of the 4-room HDB unit located in Punggol, with a remaining lease of 82 years, reflects a nuanced perspective on the current market dynamics. Priced at approximately $809,188, translating to $808 per square foot, this property presents a compelling investment opportunity, particularly given the estimated market signal indicating a good deal with a 5.1% variance from the baseline. Such a discrepancy suggests potential undervaluation, which could attract discerning buyers looking for value in a competitive market.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset comprising only one recent resale transaction in the vicinity. This highlights the importance of exercising caution in decision-making, as the market can be influenced by various external factors, including economic conditions and buyer sentiment. Prospective investors should consider the long-term implications of the remaining lease, as properties with substantial lease duration tend to retain value better over time, making this HDB unit a strategically advantageous option for both homeowners and investors alike.