4-Room HDB for Room Rent: 813 Jellicoe Road

The valuation of the HDB 4 Room unit located in the Central Area, with a remaining lease of 74 years, stands at an estimated value of $126,427, translating to a price per square foot of $843. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price, suggesting that the property is currently positioned in line with prevailing market trends and expectations. Such stability is indicative of a balanced demand and supply scenario within this sought-after locale.

Analysing the recent trends, the model confidence remains at a medium level, based on insights derived from 9 recent HDB resale transactions in the vicinity. This data set provides a reasonable foundation for comparison, reflecting the vibrancy of the Central Area's real estate market. The remaining lease of 74 years is a critical factor in influencing buyer sentiment and pricing strategies, as it balances the allure of central living with the considerations of long-term investment value. As the property market continues to evolve, this HDB unit presents itself as a compelling option for potential buyers seeking to capitalize on both location and leasehold opportunities.