Common Room (HDB) for Rent in 177 Woodlands Street 13

The valuation of the HDB 2-room unit in Woodlands, with a remaining lease of 71 years, is estimated at $77,360, translating to a price per square foot (PSF) of $774. This valuation reflects a market price that shows no deviation from the established baseline, indicating a stable demand for similar properties within the region. The confidence level assigned to this model is high, based on an analysis of 78 recent HDB resale transactions in proximity to the subject property.

In the context of Singapore's evolving real estate landscape, the remaining lease tenure plays a pivotal role in shaping buyer perceptions and investment decisions. With 71 years left on the lease, this property is positioned to attract a diverse pool of potential homeowners, particularly first-time buyers seeking affordability in a vibrant neighborhood. Additionally, the market dynamics in Woodlands suggest a resilient demand for HDB units, supported by the area's infrastructural developments and community amenities, which are likely to bolster property values over time.