3 Room (3I) HDB for Rent in 21 Ghim Moh Road

The valuation of this HDB 3-room unit located in the Central Area reflects the current market dynamics with an estimated value of $388,150, translating to a price per square foot of $555. With a remaining lease of 49 years, this property sits in a segment of the market that is characterized by increasing demand due to its prime location and the limited availability of HDB units in the central region. The valuation has been derived from a thorough analysis of 158 recent HDB resale transactions within the vicinity, establishing a robust baseline for pricing.

Market signals indicate that the estimated value shows a 0% difference from the baseline, suggesting that the property is competitively priced in relation to recent market trends. This stability in pricing is indicative of a resilient market, where demand continues to sustain values despite the challenges posed by decreasing lease terms. The high model confidence underscores the reliability of the valuation, reaffirming the property’s worth as a strategic investment for potential buyers looking to secure a foothold in Singapore's vibrant real estate landscape.