4 Room (4I) HDB for Sale in 17 Beach Road

The HDB 4-room unit located in the Central Area, with a remaining lease of 47 years, is currently estimated at a value of $602,074, translating to $726 per square foot (PSF). This valuation is particularly noteworthy as it positions the property above the market average by an impressive 31%, indicating a strong demand and desirability for residential units in this prime location. The elevated valuation reflects the robust market dynamics at play within the Central Area, where limited supply combined with high buyer interest often leads to competitive pricing.

Our analysis is underscored by a high model confidence level, derived from a comprehensive review of 146 recent HDB resale transactions in the vicinity. The data indicates a resilient market where properties with similar characteristics have consistently commanded higher prices, reinforcing the premium placed on this unit. The remaining lease of 47 years also plays a crucial role in this valuation, as it strikes a balance between longevity and potential future appreciation, making it an attractive option for both homeowners and investors alike. As such, this property not only represents a considerable investment opportunity but also highlights the broader trends shaping the HDB market in Singapore's Central Area.