4 Room (4I) HDB for Rent in 813 Jellicoe Road

The valuation of the HDB 4-room unit located in the Central Area, with a remaining lease of 76 years, stands at an estimated value of $825,989, translating to a price per square foot (PSF) of $843. This valuation is particularly noteworthy as it reflects a market price that is in perfect alignment with the baseline, indicating a stable and balanced market condition for HDB properties in this prime location. The absence of a price differential suggests that this property is well-positioned within the competitive landscape, attracting potential buyers with its strategic location and remaining lease duration.

The model confidence of this valuation is categorized as medium, which is underpinned by an analysis of nine recent HDB resale transactions in the vicinity. These transactions provide a robust dataset that supports the estimated value while also highlighting the dynamic market conditions that continue to influence property prices in the Central Area. The remaining lease of 76 years is particularly appealing, as it offers a substantial period for homeowners, ensuring longevity and stability in investment. As the Central Area remains a desirable locale for both homeowners and investors, this valuation serves as a critical benchmark for gauging future market trends and property demand in the region.