4 Room (4A) HDB for Rent in 12 Cantonment Close

The valuation of the HDB 4 Room unit located in the Central Area, with a remaining lease of 75 years, stands at an estimated value of $792,565, translating to $819 PSF. This valuation is consistent with the baseline market price, indicating no significant deviation from prevailing market dynamics. The stability in pricing suggests a balanced demand and supply scenario within this sought-after location, which is known for its proximity to amenities and urban conveniences.

With a model confidence level classified as medium, the valuation is supported by an analysis of nine recent HDB resale transactions in the vicinity. The consistent pricing highlights the resilience of the HDB market in the Central Area, where buyers are increasingly drawn to the long remaining lease, thereby mitigating concerns associated with lease decay. This trend underscores a growing confidence among prospective homeowners and investors in the long-term viability of HDB properties in central locations.