5 Room (5I) HDB for Rent in 816 Jellicoe Road

The valuation of the HDB 5-room unit located in the Central Area reflects a robust market position, with an estimated value of $919,782 or $777 PSF. With a remaining lease of 74 years, this property is well-positioned within the competitive landscape of HDB resales, particularly given its prime location. The valuation indicates a market price that is consistent with baseline expectations, demonstrating a 0% difference, which suggests stability and resilience in this segment of the real estate market.

Analyzing recent market activity, this valuation is supported by data from 8 recent HDB resale transactions in the vicinity. The model confidence is rated as medium, indicating that while there are reliable indicators of value, external market fluctuations and economic factors could still influence future price trajectories. The Central Area remains a sought-after location, and the remaining lease of 74 years provides a balanced mix of investment potential and living longevity, appealing to both owner-occupiers and investors alike. As such, this property exemplifies the dynamic interplay of leasehold considerations and market demand in Singapore's evolving real estate landscape.