Premium HDB for Sale in 412B Fernvale Link

The valuation of the HDB 5-room unit in Sengkang, with a remaining lease of 75 years, is estimated at $735,992, translating to a price per square foot of $600. This valuation reflects the current market conditions, revealing a 4.9% difference from the baseline price, indicating a slight upward trend despite overall market fluctuations. This modest premium suggests that demand for housing in Sengkang remains resilient, driven by its strategic location, access to public transport, and community amenities.

However, it is critical to note that the model confidence in this valuation is categorized as low, which may stem from limited data availability and the inherent variability in recent HDB resale transactions in the vicinity. The analysis is based on just three transactions, which highlights the need for cautious interpretation of the valuation. As the real estate market continues to evolve, potential buyers and investors should remain vigilant of broader economic indicators and local developments that may influence HDB prices, particularly for properties with a diminishing lease period.