Common Room (HDB) for Rent in 1G Cantonment Road

The valuation of the HDB 2 Room unit located in the Central Area, with a remaining lease of 84 years, stands at an estimated value of $89,340, translating to a price per square foot (PSF) of $687. This valuation is indicative of a stable market position, as evidenced by the current market price reflecting a 0% difference from the baseline. The central location enhances the property's desirability, contributing to its valuation stability amidst a dynamic real estate landscape.

Market dynamics in this locality have been shaped by recent transaction trends, with a total of 14 resale transactions informing the analysis. The model confidence is rated as medium, which suggests a reasonable degree of reliability in the valuation despite potential fluctuations in buyer sentiment and external economic factors. The enduring lease period of 84 years further positions this property favorably, as HDB flats with extended leases typically attract both owner-occupiers and investors who value long-term security in their housing investments.