Master Room (HDB) for Rent in 204 Marsiling Drive

The HDB 2-room unit in Woodlands, with a remaining lease of 54 years, has been appraised at an estimated value of $59,595, equating to a price per square foot (PSF) of $557. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable demand within this segment of the HDB market. With a high model confidence level corroborated by 78 recent resale transactions in the vicinity, this assessment underscores the reliability of the valuation model employed.

In the context of Singapore's dynamic real estate landscape, the remaining lease of 54 years is a critical factor influencing buyer sentiment and investment decisions. As the lease term diminishes, it can impact perceived value and marketability. However, the consistent market price observed indicates a resilience in buyer interest, particularly in the Woodlands area, which is increasingly recognized for its potential growth and development. This valuation not only reflects current market conditions but also signals a potential opportunity for investors seeking to capitalize on long-term capital appreciation in a well-established HDB precinct.