4 Room (4I) HDB for Sale in 6 Farrer Road

The valuation of the HDB 4 Room unit located in the Central Area is estimated at $425,516, translating to a price per square foot (PSF) of $434. This valuation is positioned significantly above the market baseline, reflecting a 64.5% premium compared to recent comparable sales in the vicinity. Such a substantial deviation from the baseline signals a robust demand for HDB properties in this prime location, despite the remaining lease tenure of 46 years.

It is imperative to note that the model confidence for this valuation is categorized as low, indicating potential variability in the market dynamics. The analysis is informed by four recent resale transactions within the area, which suggests a nuanced market environment. Factors contributing to the elevated valuation may include the centrality of the location, access to amenities, and the overall scarcity of HDB properties in this district. However, prospective buyers should exercise caution, as the unique characteristics of this property coupled with the diminishing leasehold period may influence long-term investment desirability.