5 Room (5I) HDB for Sale in 1 Cantonment Road

The valuation of the HDB 5-room unit located in the Central Area, with a remaining lease of 84 years, stands at an estimated value of $1,628,431, translating to a price per square foot of $1,415. This valuation reflects a market signal indicating a 4.8% difference from the baseline, suggesting a healthy appreciation trend in the local property market. Such a premium valuation is underpinned by the property’s strategic location, which typically commands a higher demand due to proximity to essential amenities and urban infrastructure.

Given the model confidence level is rated as high, this indicates a robust analytical framework bolstered by the analysis of 29 recent HDB resale transactions within the vicinity. The concentration of recent sales activity suggests a competitive market landscape, where properties are increasingly sought after, particularly in central locations. The remaining lease of 84 years is also a significant factor, as properties with substantial lease terms tend to maintain their value better, particularly in a market characterized by shifting demographics and urban renewal initiatives. The overall dynamics of the HDB market in this area reflect a resilient demand, making this property a notable investment opportunity.