Common Room (HDB) for Rent in 615 Woodlands Avenue 4

The valuation of the HDB 2 Room unit in Woodlands, with a remaining lease of 70 years, stands at an estimated value of $88,243, translating to a competitive $735 per square foot (PSF). This valuation is grounded in a robust analytical framework, leveraging data from 84 recent HDB resale transactions in the vicinity. The model confidence is categorized as high, reflecting the reliability of the data and the consistency of market signals in the area.

Notably, the current market price reflects a 0% difference from the baseline, indicating a stable market environment with no significant volatility influencing the property’s value. This stability is particularly important in the context of Singapore's evolving real estate landscape, where leasehold properties, such as this HDB unit, are increasingly viewed through the lens of their remaining lease duration. The 70-year lease remaining on this unit positions it favorably within the market, as buyers continue to seek properties with substantial lease tenures. Overall, this valuation underscores the resilience of the Woodlands area in the HDB market, driven by consistent demand and a strategic focus on long-term lease viability.