4-Room HDB for Room Rent: 8 Cantonment Close

The valuation of the HDB 4-room unit located in the Central Area of Singapore, with a remaining lease of 75 years, stands at an estimated value of $132,418, translating to a price per square foot (PSF) of $960. This valuation reflects a market price that is aligned with the baseline, indicating a neutral market signal. Such stability suggests that the property is currently positioned within a balanced market environment, where recent transactions have not indicated significant upward or downward pressure on pricing.

However, it is important to note that the model confidence for this valuation is categorized as low, which implies a higher degree of uncertainty regarding the accuracy of this estimate. This low confidence level arises from an analysis of only four recent HDB resale transactions in the vicinity, which may not provide a comprehensive representation of the broader market dynamics. As the Central Area continues to attract interest due to its proximity to key amenities and transport links, potential buyers should consider the implications of the remaining lease on long-term investment viability and overall market trends.