1 Room HDB for Rent in 6 Farrer Road

The valuation of the HDB 2-room unit located in the Central Area of Singapore reflects a nuanced interplay of market dynamics and property characteristics. With an estimated value of $423,361, equating to $447 per square foot, this property stands at a critical juncture as the remaining lease of 47 years may influence buyer sentiment and investment potential. The absence of any notable price deviation from the market baseline signifies a stable demand environment; however, it also suggests a cautious outlook from prospective buyers who may be weighing the implications of a shorter lease tenure on their long-term investment strategies.

Analysis based on seven recent resale transactions in the vicinity indicates a low model confidence level for this valuation, which is an essential factor to consider for potential investors. The Central Area, known for its vibrant urban lifestyle and accessibility, continues to attract interest, yet the extended lease term remaining on this property could pose challenges in the resale market. As such, stakeholders should be cognizant of both the immediate market signals and future lease dynamics as they navigate this segment of the HDB market.