4-Room HDB for Room Rent: 662 Buffalo Road

The valuation of the HDB 4-room unit located in the Central Area is indicative of a stabilizing market segment, with an estimated value of $101,986, translating to a price per square foot (PSF) of $850. This valuation reflects a market price that shows no deviation from the baseline, suggesting a balanced supply and demand scenario in this sought-after locale. The unit's remaining lease of 55 years is a critical factor influencing its valuation, as properties with longer leases tend to attract a broader pool of prospective buyers, particularly in a vibrant urban setting like Singapore's Central Area.

The confidence in this valuation is bolstered by analysis derived from 146 recent HDB resale transactions in the vicinity, which provides robust comparative data supporting the model's accuracy. The high model confidence level signals a strong alignment with prevailing market trends, reflecting a consistent performance among similar properties. As the Central Area continues to attract interest due to its prime location, amenities, and accessibility, this valuation not only underscores the property's potential for appreciation but also highlights the overall resilience of the HDB market in Singapore amidst evolving economic conditions.