4 Room (4A) HDB for Rent in 19 Cantonment Close

The valuation of the HDB 4 ROOM unit in the Central Area is estimated at $787,173, translating to approximately $813 per square foot. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment within the local HDB market. The remaining lease of 73 years is a crucial factor in this valuation, as it provides potential buyers with a significant time frame before lease decay impacts property desirability and value. Properties with similar lease durations are often perceived as desirable, especially within the Central Area where demand for HDB homes remains robust.

Analysis based on 9 recent HDB resale transactions in the vicinity supports the confidence in this valuation, albeit categorized as medium in model confidence. This indicates that while the recent sales data provides a relevant context for market positioning, external economic factors and buyer sentiment may still influence price fluctuations. The stability of this property’s valuation amidst a competitive market underscores the resilience of Central Area HDBs, which continue to attract both owner-occupiers and investors seeking long-term value retention.