4 Room (4I) HDB for Sale in 662 Buffalo Road

The current valuation of the HDB 4-room unit located in the Central Area stands at an estimated value of $441,234, translating to a price per square foot (PSF) of $500. This valuation is significantly above the market benchmark, reflecting a notable 33.7% premium over the baseline established by recent transactions in the area. Such a premium could be indicative of the desirability of the Central Area, characterized by its strategic location, accessibility to amenities, and overall vibrancy, which often drives demand and consequently, property values.

However, it is essential to consider the ongoing effects of the remaining lease of 54 years on this property’s market resilience. While properties in central locations generally command higher prices, the diminishing lease period may pose a risk to future valuation stability. Our model confidence for this assessment remains at a medium level, based on the analysis of eight recent HDB resale transactions within the vicinity. This suggests a need for potential buyers to weigh the attractive location and current market dynamics against the implications of an expiring lease when making investment decisions.