4-Room HDB for Room Rent: 9 Selegie Road

The valuation of the HDB 4-room property located in the Central Area, with a remaining lease of 36 years, has been estimated at $83,443, translating to a price per square foot (PSF) of $556. This valuation reflects a stable market condition, with the current market price indicating a 0% difference from the baseline, suggesting that the property is priced accurately in accordance with prevailing market trends. Such stability in pricing is indicative of sustained demand in the Central Area, a highly sought-after locale known for its accessibility and amenities.

With a model confidence level categorized as high, this valuation is supported by a thorough analysis of 146 recent HDB resale transactions within the vicinity. The data underscores the resilience of the HDB market in the Central Area, where properties tend to retain their value well due to limited supply and high demand. As the remaining lease stands at 36 years, potential buyers may find this to be an attractive opportunity, balancing affordability with the benefits of residing in a prime urban setting. The overall market dynamics suggest that this HDB property remains a viable investment option for both owner-occupiers and investors alike.