4 Room (4NG) HDB for Sale in 9 Gloucester Road

The valuation of the 4-room HDB property located in the central area of Singapore, with a remaining lease of 49 years, stands at an estimated value of $467,614, translating to approximately $483 per square foot. This valuation positions the property significantly above the market baseline, reflecting a 47.1% premium compared to the recent transactions in the vicinity. Such a substantial deviation from market expectations is indicative of the unique positioning of this property within the central area, where demand often outstrips supply, particularly for HDB units with a manageable remaining lease period.

The medium confidence level associated with this valuation stems from an analysis based on 13 recent HDB resale transactions in the neighborhood. This sample provides a solid foundation for understanding current market trends, yet the variability inherent in the real estate market suggests that ongoing monitoring of transaction data and broader economic indicators will be essential. As the central area continues to attract both local and foreign interest, the remaining lease of this property is a critical factor, balancing potential appreciation against the implications of a shorter lease term in future transactions.