1 Bed Walk-up Apartment (Condo) for Rent in Tras Street

The valuation of the HDB 2-room unit located in the central area reflects a current estimated value of $183,935, translating to a price per square foot (PSF) of $707. With a remaining lease of 75 years, this property holds significant potential for both first-time buyers and investors seeking to capitalize on the central location's demand dynamics. The valuation is consistent with the baseline market price, indicating a stable market environment with a 0% difference from the established baseline, suggesting that this property is fairly priced relative to recent transactions.

The confidence in this valuation is rated as medium, based on an analysis of 14 recent HDB resale transactions within the vicinity. This sample size provides a reasonable basis for understanding current market trends and pricing movements in this central zone. Factors such as the remaining lease period and the property’s location within a high-demand area are critical in influencing future appreciation potential. Given the strong fundamentals of the central area, this HDB unit may attract significant interest, particularly from those looking to secure a property with a long lease term in a competitive market.