5 Room (5STD) HDB for Sale in 5 Farrer Road

The valuation of the HDB 5-room unit located in the Central Area, with a remaining lease of 47 years, stands at an estimated value of $996,850 or $772 PSF. This assessment is underpinned by robust market dynamics, positioning the property above the market baseline by 6.3%. Such a premium valuation reflects a growing demand for centralised residential spaces, particularly as urban living continues to gain traction among buyers seeking proximity to amenities and work hubs.

The model's high confidence level is bolstered by a comprehensive analysis of 44 recent HDB resale transactions within the vicinity, indicating a consistent trend of appreciation in property values. As the remaining lease of 47 years is considered, it is essential to note that properties in prime locations often command higher premiums, driven by limited supply and the desirability of living in the heart of the city. This valuation not only highlights the resilience of the HDB market in Singapore but also signals a potential upside for future investors seeking to capitalize on the enduring appeal of central properties.