4 Room (4I) HDB for Sale in 663 Buffalo Road

This valuation report presents an analytical overview of a HDB 4 Room property located in Singapore's Central Area, with a remaining lease of 55 years. The estimated market value of the property stands at $479,367, translating to $524 PSF. Notably, this valuation reflects a significant premium, with a market signal indicating an above-market price, representing a 29.3% difference from the baseline. Such a discrepancy suggests that the property is currently commanding a higher valuation compared to similar units in the vicinity.

The confidence level of this model is classified as low, primarily derived from an analysis of only four recent HDB resale transactions in the area. This limited dataset may affect the robustness and reliability of the valuation, particularly in the context of the dynamic property market in Singapore. Furthermore, the remaining lease of 55 years is a crucial consideration, as properties with shorter leases generally tend to experience depreciation in value over time. As such, potential buyers should weigh the long-term implications of lease duration against the current market exuberance, especially in a central location where demand often remains high.