4 Room (4I) HDB for Rent in 661 Buffalo Road

The valuation of the HDB 4-room unit in the Central Area, with a remaining lease of 54 years, stands at an estimated value of $502,134, translating to a price per square foot (PSF) of $549. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable market condition within the vicinity. However, it is crucial to note that the model confidence in this valuation is categorized as low, primarily due to the limited dataset of only one recent HDB resale transaction in the area.

As the remaining lease period is a significant factor in HDB valuations, the 54-year tenure may impact buyer perception and future resale potential. Prospective buyers should consider the implications of a shorter lease, particularly in the context of market trends and demand dynamics in central locales. While the current valuation signals stability, the low confidence level emphasizes the necessity for further market analysis and additional data points to ensure a comprehensive understanding of the property’s true value in the evolving landscape of Singapore's real estate market.