4 Room (4I) HDB for Sale in 17 Beach Road

The valuation for the HDB 4-room unit located in the Central Area stands at an estimated value of $367,776, translating to approximately $444 per square foot (PSF). This valuation is notably above the market baseline, reflecting a significant 114.3% difference. Such a premium valuation indicates a heightened demand for HDB properties in this prime district, which is likely driven by the area's accessibility, vibrant community amenities, and strategic location that appeals to both residents and investors alike.

However, it is important to note that the property has a remaining lease of only 47 years, which can pose challenges for potential buyers, particularly first-time homeowners and investors who may be concerned about long-term investment viability. The model confidence for this valuation is categorized as low, based on just four recent HDB resale transactions in the vicinity, suggesting that the market dynamics may be influenced by limited transactional data. As such, while the elevated valuation reflects current market enthusiasm, prospective buyers should carefully consider the implications of the remaining lease term and the overall market performance before making investment decisions.