Common Room (HDB) for Rent in 262 Waterloo Street

The valuation of the HDB 2-room property located in the Central Area, with a remaining lease of 51 years, stands at an estimated value of $78,540, translating to a price per square foot (PSF) of $491. This valuation reflects a market price with a neutral stance, indicating a 0% difference from the baseline. Such stability in pricing suggests a consistent demand for HDB units within this sought-after locale, often characterized by its proximity to urban amenities and robust transportation links.

In assessing the market dynamics, the model's confidence is rated as medium, which signifies a degree of variability in the data. The valuation is informed by a comprehensive analysis of 14 recent HDB resale transactions within the vicinity, reinforcing the credibility of the estimated value. As the Central Area continues to evolve, with urban development and revitalization efforts, the remaining lease of 51 years may influence future buyer sentiment and investment potential. Prospective buyers should consider the balance between lease duration and the vibrant market conditions that may affect long-term value appreciation.