4 Room (4A) HDB for Sale in 1 Cantonment Road

The valuation of the HDB 4-room unit located in the Central Area, with a remaining lease of 83 years, stands at an estimated value of $1,453,823, which translates to $1,421 PSF. This valuation reflects a positive market signal, showcasing a 4.5% premium over the baseline price, indicative of the robust demand for housing in this prime location. The Central Area remains a highly sought-after district, characterized by its accessibility and proximity to amenities, contributing to its sustained property value appreciation.

This valuation is supported by a strong model confidence level, grounded in an analysis of 77 recent HDB resale transactions within the vicinity. Such a significant dataset enhances the reliability of the valuation, affirming the resilience of the market even in the face of varying economic conditions. The remaining lease of 83 years provides a favorable outlook for potential buyers, as properties with longer leases typically command higher valuations and attract a wider pool of prospective homeowners.