Common Room (HDB) for Rent in 168 Woodlands Street 11

The valuation of the HDB 2 Room property located in Woodlands, with a remaining lease of 57 years, stands at an estimated value of $61,852, translating to a price per square foot (PSF) of $619. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting stability in the local real estate market. The model confidence is rated as high, underpinned by a robust analysis of 79 recent HDB resale transactions in the vicinity, providing a solid foundation for this appraisal.

In the context of Singapore's evolving property landscape, the remaining lease period of 57 years is critical, as it influences buyer sentiment and investment potential. Properties with longer leases tend to attract more interest, but as lease durations shorten, market dynamics may shift. However, the consistent pricing observed in this Woodlands area underscores a resilience among buyers, likely driven by the region's strategic developments and amenities. Investors and homeowners alike should remain vigilant to these trends, as they can significantly impact the future valuation of HDB properties in this vibrant neighborhood.