4-Room HDB for Room Rent: 813 Jellicoe Road

The valuation of the 4-room HDB property situated in the Central Area reflects a strategic positioning within Singapore's dynamic real estate landscape. With a remaining lease of 74 years, this unit has been estimated at $125,820, translating to a price per square foot (PSF) of $839. This valuation represents a market price that is in line with the baseline, indicating stability in demand and a balanced market environment. The proximity to key amenities and transport links in the Central Area enhances its desirability, contributing to a robust interest from potential buyers.

Analysis based on 10 recent HDB resale transactions in the vicinity showcases a model confidence level of medium, suggesting a degree of variability in price trends but reinforcing the overall market sentiment. The absence of significant price fluctuation (0% difference from baseline) indicates that while the market remains competitive, it has not experienced drastic shifts, thereby providing a reliable basis for investment considerations. The longevity of the remaining lease also plays a crucial role in maintaining buyer confidence, as properties with a substantial lease term are often perceived as more secure investments. This reinforces the potential for capital appreciation in the longer term, making it an attractive opportunity for discerning investors.