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

The valuation of the HDB 3-room unit situated in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $390,371, translating to $558 PSF. This valuation reflects a significant benchmark for similar properties within the vicinity, particularly given the strategic location that the Central Area offers. The absence of any deviation from the market price indicates a stable demand, suggesting that buyers are willing to meet the current asking price, thus reinforcing the property's market position.

Our model's high confidence level, based on a robust analysis of 100 recent HDB resale transactions in the vicinity, underpins this valuation. The data indicates a consistent trend in market activity, where properties of similar characteristics have maintained their value effectively despite the remaining lease period. The dynamics of the Central Area, characterized by its urban vibrancy and accessibility, further contribute to the attractiveness of this property, making it a compelling consideration for both investors and end-users alike.