Common Room (HDB) for Rent in 1A Cantonment Road

The valuation of this HDB 2 Room unit located in the Central Area, with a remaining lease of 84 years, stands at an estimated value of $86,289, equating to a price per square foot of $719. This valuation is particularly notable as it reflects a market price that is in alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced market, where demand and supply dynamics are currently well-matched, providing a solid footing for prospective buyers and investors.

The analysis is further substantiated by a review of 14 recent HDB resale transactions within the vicinity. This sample size contributes to the medium confidence level of the model, reflecting a reasonable degree of certainty in the valuation metrics. The consistent performance of similar properties in the area underscores a resilient demand for HDBs in the Central Area, which is characterized by its accessibility and vibrant urban lifestyle. As the remaining lease of 84 years continues to provide ample time for occupancy, this property represents a unique opportunity for buyers looking to invest in a central location with enduring value.