3 Room (3I) HDB for Rent in 19 Ghim Moh Road

This valuation report provides an in-depth analysis of a 3-room HDB property located in the Central Area of Singapore, reflecting a remaining lease of 49 years. The estimated value stands at $446,682, translating to a price per square foot (PSF) of $558. This assessment is grounded in a robust evaluation framework, drawing from a comprehensive analysis of 98 recent HDB resale transactions within the vicinity, which reinforces the credibility of the market signals observed.

The current market price indicates a 0% difference from the baseline, suggesting that the property is priced accurately relative to similar offerings in the area. This stability in valuation is indicative of a balanced market where demand and supply dynamics are well-aligned. Additionally, with a remaining lease of 49 years, the property retains substantial value, as Central Area locations remain highly sought after. Market sentiments in this sector reflect a strong confidence level, with the model confidence rated as High, further validating the price positioning of this HDB unit amidst evolving urban development and demographic trends.