3 Room (3I) HDB for Rent in 2 Holland Avenue

The valuation of the 3-room HDB unit located within the Central Area, with a remaining lease of 47 years, has been estimated at $404,401, translating to a price per square foot (PSF) of $578. This valuation is grounded in the analysis of 18 recent HDB resale transactions within the vicinity, providing a robust comparative framework that reflects current market dynamics. Notably, the market price shows a 0% difference from the baseline, indicating a stable demand that aligns closely with the established pricing benchmarks in this coveted area.

The Central Area is characterized by its strategic location and accessibility, which inherently drives demand for residential properties, particularly HDB units. With a remaining lease of 47 years, this property presents a balanced investment proposition, appealing to both first-time buyers and those seeking long-term residential options. The model confidence level is categorized as medium, suggesting that while the valuation is reliable, potential fluctuations in market sentiment should be monitored. As the Singaporean property market continues to evolve, this HDB unit stands as a testament to the enduring allure of central living, where urban conveniences meet residential comfort.