Common Room (HDB) for Rent in 183C Woodlands Street 13

The valuation of the HDB 2-room unit located in Woodlands, with a remaining lease of 92 years, stands at an estimated value of $108,255, translating to a competitive $833 PSF. This assessment is grounded in a robust analysis of 47 recent HDB resale transactions within the vicinity, providing a comprehensive understanding of the local market dynamics. The current market signal indicates a stable condition with a 0% difference from the baseline, suggesting that the property is accurately priced in line with prevailing market trends.

As the Woodlands area continues to develop, the longevity of the remaining lease is a significant asset, contributing to the high confidence level in this valuation. A remaining lease of 92 years is particularly advantageous, as properties with longer leases generally attract more buyers, providing stability in the resale market. Furthermore, with the market exhibiting a healthy demand for HDB units, this valuation reflects not only the intrinsic value of the property itself but also the positive sentiment surrounding the Woodlands district as a desirable residential location.