Common Room (HDB) for Rent in 262 Waterloo Street

The valuation of the 2-room HDB unit located in Singapore's Central Area, with a remaining lease of 51 years, stands at an estimated value of $78,540, translating to a price per square foot (PSF) of $491. This valuation reflects a market price that indicates no deviation from the baseline, suggesting a stable demand and supply dynamic for similar properties in this sought-after locale. The Central Area's unique positioning within Singapore, characterized by its vibrant lifestyle offerings and proximity to key amenities, continues to underpin the resilience of HDB values, even as lease tenures decrease.

Our analysis is grounded in the evaluation of 14 recent HDB resale transactions within the vicinity, which collectively contribute to a medium level of model confidence. Notably, the absence of price fluctuation highlights a balanced market where buyers and sellers are closely aligned in their expectations. As leasehold properties approach their maturity, prospective buyers are advised to consider the implications of the remaining lease period, which can significantly influence future resale potential. In summary, this HDB unit represents an intriguing opportunity within the Central Area, appealing to both first-time buyers and seasoned investors navigating the complexities of Singapore's evolving real estate landscape.