4 Room (4A) HDB for Sale in 16 Cantonment Close

The valuation of the HDB 4 Room unit located in the Central Area, with a remaining lease of 73 years, stands at an estimated value of $787,986, translating to $813 per square foot (PSF). This valuation is positioned significantly above the market baseline, reflecting a remarkable 39.6% premium compared to comparable properties in the region. Such a substantial divergence from the baseline suggests robust demand dynamics, likely fueled by the area's strategic location, accessibility, and amenities that appeal to both homeowners and investors alike.

This valuation draws upon an analysis of nine recent HDB resale transactions within the vicinity, providing a solid data foundation. Despite a model confidence rating of medium, the prevailing market signals indicate a strong appetite for properties in this segment, especially as the remaining lease period of 73 years offers a balance between investment viability and potential appreciation. The Central Area's allure, characterized by its vibrant urban lifestyle and convenience, continues to attract buyers, underpinning this above-market valuation and reinforcing the long-term desirability of HDB living in prime locations.