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

The valuation of the HDB 4-room unit in Woodlands, with a remaining lease of 92 years, stands at an estimated value of $105,493, equating to $586 per square foot. This assessment is grounded in a robust analysis of market activity, drawing upon data from 471 recent HDB resale transactions in the vicinity. The model confidence for this valuation is categorized as high, underscoring the reliability of the data and the analytics employed in reaching this conclusion.

Current market dynamics indicate a stable environment, with the estimated value reflecting a 0% difference from the baseline market price. This stability may suggest that the Woodlands area is experiencing equilibrium, with supply and demand factors balancing effectively. The remaining lease of 92 years positions this property favorably, as it offers prospective buyers significant tenure and security, which are often critical considerations in the HDB resale market. As such, this valuation not only highlights the intrinsic value of the property but also aligns it with the broader trends observed in the local real estate landscape.