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

The valuation of the HDB 4-room unit situated in the Central Area, with a remaining lease of 55 years, stands at an estimated value of $493,547, translating to a price per square foot (PSF) of $559. This valuation reflects a market signal that is classified as above market, indicating a substantial premium of 21.6% compared to the baseline valuation metrics. Such a premium suggests a heightened demand for properties within this coveted location, which is often characterized by its accessibility to amenities, transportation networks, and cultural landmarks that appeal to both local and expatriate communities.

However, it is essential to note that the model confidence in this valuation is categorized as low, primarily due to the reliance on a limited transactional dataset, with only one recent HDB resale transaction available in the vicinity. This lack of robust market data can lead to potential volatility in the estimated value, particularly given the unique dynamics of the Central Area. Investors and potential buyers should exercise caution and consider the implications of the remaining lease, as properties with shorter leases can experience diminishing demand over time, which may affect long-term investment viability.