4 Room (4I) HDB for Sale in 661 Buffalo Road

The subject property, a 4-room HDB unit located in Singapore’s Central Area, exhibits an estimated value of $484,573, translating to a price per square foot (PSF) of $549. This valuation positions the property significantly above the market average, with a notable 23.8% premium compared to the baseline. This elevated valuation can be attributed to several factors inherent to the Central Area, including its proximity to key amenities, robust public transport networks, and the desirability associated with urban living.

However, it is critical to acknowledge that the remaining lease of 54 years may impact long-term investment sentiment and resale potential. The model confidence for this valuation is categorized as low, primarily due to the limited data pool, with only one recent HDB resale transaction in the vicinity serving as a reference point. Such a scarcity of comparable transactions may lead to potential volatility in price expectations. Investors should consider the dynamic nature of the Central Area's real estate market, where demand often fluctuates due to various socio-economic factors, as well as the implications of lease decay on future valuation trajectories.