4-Room HDB for Room Rent: 160 Woodlands Street 13

The valuation for the HDB 4 Room unit located in Woodlands, with a remaining lease of 57 years, has been estimated at $67,145, translating to a price per square foot (PSF) of $417. This valuation indicates a stable market position, as the property is currently valued at a market price reflecting a 0% difference from the baseline. The confidence level of this model is categorized as high, underpinned by an analysis of 30 recent HDB resale transactions in the vicinity, which suggests a consistent demand for properties in this area.

The remaining lease period of 57 years is a critical factor in determining the property’s value, as it influences buyer sentiment and financing options. Properties with longer leases tend to command higher premiums due to the perceived longevity and security of tenure. In Woodlands, the market dynamics appear to be stable, with a balanced interplay between supply and demand, which is reflected in the current valuation. This suggests that potential buyers can expect a resilient investment in this HDB unit, particularly within a well-established residential district.