Common Room (HDB) for Rent in 13 Cantonment Close

The valuation of the HDB 2 Room unit located in the Central Area at an estimated value of $104,891, translating to a price per square foot of $699, reflects a balanced market condition with a 0% difference from the baseline price. This stability indicates that the property is priced in accordance with the prevailing market trends, supported by the recent transactions in the vicinity. The medium confidence level in this valuation suggests a moderate degree of certainty, influenced by the underlying dynamics of the local real estate market.

With a remaining lease of 75 years, the property benefits from a significant duration that appeals to both investors and owner-occupiers. The analysis is based on data from 13 recent HDB resale transactions in the area, reinforcing the relevance of this valuation within the current market context. It is essential for potential buyers and investors to consider the lease duration, as it plays a critical role in long-term investment strategies, particularly in a vibrant location such as the Central Area, where demand for housing remains robust.