Room (HDB) for Rent in 484A Choa Chu Kang Avenue 5

The valuation of the 2-room HDB property located in Choa Chu Kang, with a remaining lease of 75 years, stands at an estimated value of $284,039, translating to a price per square foot of $710. This assessment comes amidst a notably stable market environment, where the property reflects a 0% difference from the baseline market price. Such an equilibrium suggests a well-balanced demand and supply scenario in the area, indicative of sustained interest among buyers and investors alike.

Our model exhibits a high confidence level based on an analysis of 22 recent HDB resale transactions in the vicinity. This robust dataset reinforces the reliability of the valuation, providing a comprehensive perspective on market dynamics. The healthy market conditions in Choa Chu Kang are further supported by the enduring appeal of HDB properties with significant remaining leases, as they continue to attract buyers seeking both affordability and long-term investment potential. Consequently, this valuation not only signifies the current market status but also encapsulates the intrinsic value that such properties hold within Singapore's evolving real estate landscape.