4 Room (4A) HDB for Sale in 12 Cantonment Close

The valuation of the 4-room HDB unit in Singapore's Central Area, with a remaining lease of 73 years, stands at an estimated value of $787,986, translating to approximately $813 per square foot. This valuation indicates a significant premium, as it is positioned 39.6% above the baseline market value derived from comparable transactions. Such a substantial divergence suggests strong demand dynamics in the Central Area, which remains a highly coveted location for both homeowners and investors alike.

The medium confidence level attributed to this valuation reflects the reliance on nine recent HDB resale transactions in the vicinity, which provide a foundational basis for the pricing model. Given the limited supply of HDB units with extended leases in prime locations, the elevated valuation is underscored by the broader market trends favoring properties that offer longevity in leasehold tenure. This trend is particularly pronounced in urban centers, where proximity to amenities and transport hubs enhances property desirability, reaffirming the strength of this asset in the current market landscape.