4 Room (4A) HDB for Sale in 12 Cantonment Close

The valuation of the HDB 4-room unit in the Central Area, with a remaining lease of 73 years, reflects a robust market performance, evidenced by its estimated value of $787,986, equating to $813 per square foot. This valuation is significantly above the market baseline, showcasing a notable 39.6% premium compared to recent transactions within the vicinity. Such a discrepancy suggests a strong demand for properties in this prime location, particularly as the Central Area continues to attract both homebuyers and investors seeking accessibility and urban amenities.

The medium confidence level in this model is derived from the analysis of nine recent HDB resale transactions in the area, which underscores the competitive dynamics at play. As the remaining lease stands at 73 years, potential buyers may perceive this property as a strategic investment, considering the Central Area's historical appreciation rates and the continued urban development within Singapore. The current market signals indicate that while demand remains resilient, careful consideration of lease tenure and market fluctuations will be essential for stakeholders navigating this segment.