4 Room (4A) HDB for Sale in 11 Farrer Park Road

The valuation of this HDB 4-room unit in the Central Area, with a remaining lease of 75 years, reflects a calculated estimated value of $831,046, translating to a price per square foot of $843. This valuation is indicative of the current market dynamics, demonstrating a 4.6% premium over the baseline price for similar properties in the vicinity. Such a premium underscores the desirability of the Central Area, which continues to attract buyers seeking proximity to urban amenities and transport links.

Market signals suggest a moderately confident outlook, with a medium model confidence derived from an analysis of 9 recent HDB resale transactions within the neighborhood. This sample size supports the valuation but also highlights the variability inherent in the market. Buyers should consider the implications of the remaining lease, as properties with longer leases typically command higher premiums, especially in sought-after locales. The stability of this valuation amidst potential fluctuations in market sentiment emphasizes the resilience and enduring appeal of HDB properties in Singapore's vibrant real estate landscape.