4 Room (4A) HDB for Rent in 815 Jellicoe Road

The valuation of the HDB 4 Room located in Singapore's Central Area, with a remaining lease of 76 years, reflects the robust demand for residential properties in this sought-after locale. With an estimated value of $1,110,072 or $1,133 PSF, this property is positioned at the market equilibrium, indicating a 0% difference from the baseline. This stability in pricing suggests a balanced supply-demand dynamic, underscoring the desirability of the Central Area among homebuyers, particularly those seeking proximity to urban amenities and employment hubs.

The model confidence rating of High is supported by a comprehensive analysis of 145 recent HDB resale transactions in the vicinity, which provides a robust dataset to inform the valuation. The remaining lease of 76 years is a critical factor, as it aligns with the general expectations of HDB lease lengths in Singapore, ensuring that potential buyers perceive value in the longevity of their investment. As the market continues to evolve, this property exemplifies the enduring appeal of HDB living in the heart of the city, reinforcing the notion that well-located public housing remains a cornerstone of Singapore's real estate landscape.