4 Room (4I) HDB for Rent in 663 Buffalo Road

This valuation report evaluates a 4-room HDB unit located in the Central Area of Singapore, with a remaining lease of 55 years. The estimated value of this property is pegged at $482,396, translating to a price per square foot (PSF) of $527. Notably, this valuation reflects a market price that is aligned with the baseline, indicating a 0% difference. Such stability suggests that the property is currently positioned favorably within the market, exhibiting resilience amidst the evolving dynamics characteristic of Singapore’s real estate landscape.

However, it is imperative to highlight that the model confidence for this valuation is categorized as low, which introduces a degree of caution. This classification stems from the reliance on only three recent HDB resale transactions in the vicinity, which may not provide a comprehensive representation of the broader market trends. The relatively shorter remaining lease of 55 years could also influence buyer sentiment, particularly among those who prioritize lease longevity. In summary, while the property remains competitively valued, prospective buyers and investors should exercise diligence and consider the implications of lease duration and market volatility when making informed decisions.