Common Room (Landed) for Rent in Kreta Ayer Conservation Area

The valuation of the HDB 4 Room unit located in the Central Area, with a remaining lease of 75 years, stands at an estimated value of $170,451, translating to a price per square foot (PSF) of $1,136. This valuation reflects a market price with a 0% difference from the baseline, indicating a stable and balanced market condition. Such a price point is indicative of the demand and supply dynamics prevalent in the area, which has shown resilience despite broader economic fluctuations.

With a model confidence rated as high, this valuation is supported by a robust dataset, comprising 148 recent HDB resale transactions in the vicinity. The concentration of transactions within this market segment highlights the attractiveness of HDB properties in the Central Area, particularly for families and investors seeking both capital appreciation and lifestyle benefits. The remaining lease of 75 years provides a significant buffer, appealing to buyers who prioritize long-term occupancy while navigating the intricacies of Singapore's evolving property landscape.