4-Room HDB for Room Rent: 17 Beach Road

The valuation of this HDB 4-room unit in the Central Area, with a remaining lease of 47 years, stands at an estimated value of $87,152, translating to a price per square foot (PSF) of $726. This valuation reflects a market equilibrium as indicated by the 0% difference from the baseline price, suggesting that the property is accurately priced according to current market conditions. The model confidence rating is high, bolstered by data derived from 146 recent HDB resale transactions in the vicinity, which provides a robust foundation for this analysis.

In the context of Singapore's evolving real estate landscape, properties in central locations maintain a unique appeal due to their proximity to essential amenities and infrastructure. The remaining lease of 47 years presents a significant factor for potential buyers, as it influences both investment potential and future resale value. Investors and homeowners alike should consider this lease duration in conjunction with market trends, as the Central Area continues to exhibit resilience in demand, driven by its strategic significance and urban lifestyle offerings. Overall, this HDB unit presents a compelling opportunity within a stable market framework.