Premium HDB for Sale in 323A Sumang Walk

The valuation of the 5-room HDB unit in Punggol, with an estimated value of $885,118 or $728 per square foot, reflects a significant opportunity within the current market landscape. With a remaining lease of 91 years, this property stands at a favorable position for both potential buyers and investors. The long lease period is indicative of sustained value retention, offering a sense of security that is often highly sought after in the Singaporean real estate market.

Analyzing the recent resale transactions in the vicinity, which comprise six comparable properties, the valuation reveals a market signal categorized as a "Good Deal," with a 7.4% difference from the baseline. This suggests that the property is competitively priced relative to similar units in the area, appealing to those looking to capitalize on Punggol's evolving landscape. However, it is important to note that the model confidence is rated as low, indicating potential fluctuations in market dynamics that could affect future valuations. Investors should remain vigilant and consider both macroeconomic factors and local market conditions when evaluating this opportunity.