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Is the trend now to buy above valuation in May 2025 for Choa Chu Kang Central?

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As of May 2025, there is no indication that the trend in Choa Chu Kang Central is to buy HDB flats above their valuation. Here are some key points:
- Recent transactions in Choa Chu Kang Central show sale prices ranging from $515,000 to $590,000 for 4-room flats, which are within the expected market range and not significantly above valuation.
- While there have been record-breaking sales in Choa Chu Kang, such as a 4-room flat sold for $690,000, these are exceptions rather than the norm. This particular sale was influenced by factors like the flat's generous floor area and mid-high floor positioning.
- The overall market trend suggests that buyers are making purchases based on market value rather than paying significantly above valuation.
In summary, the current trend in Choa Chu Kang Central does not indicate a widespread practice of buying HDB flats above their valuation.
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