Common Room (HDB) for Rent in 641 Rowell Road

The valuation of the HDB 4 Room unit located in the Central Area, with a remaining lease of 58 years, stands at an estimated value of $89,745, translating to a price per square foot (PSF) of $897. This valuation reflects a stable market signal with a 0% difference from the baseline, indicating that the property is accurately priced relative to comparable sales in the vicinity. With a model confidence rated as high, the valuation is grounded in robust analytical methodologies, leveraging data from 149 recent HDB resale transactions that underscore current market dynamics.

In the context of Singapore's real estate landscape, the remaining lease period is a crucial factor influencing buyer sentiment, particularly in central regions where demand tends to be more resilient. The Central Area is characterized by its strategic location and accessibility, often attracting both owner-occupiers and investors. As the market evolves, monitoring trends in resale prices and leasehold durations will be essential for stakeholders aiming to optimize their investment strategies in this segment. The data-driven insights from this valuation reinforce the importance of empirical evidence in guiding property decisions amidst the dynamic landscape of HDB transactions.