3 Room (3I) HDB for Rent in 264 Waterloo Street

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 51 years, stands at an estimated value of $365,988, equating to a price per square foot (PSF) of $576. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. The confidence level of this model is categorized as high, bolstered by a robust dataset comprising 157 recent HDB resale transactions in the vicinity, which underscores the reliability of the valuation metrics utilized.

In the context of Singapore's real estate landscape, properties with a remaining lease of over 50 years are often considered to possess significant value, particularly in central locations where demand remains consistently strong. The stability indicated by the market price, with no deviation from the baseline, suggests a balanced equilibrium between buyer and seller expectations in this segment. As urban regeneration and infrastructural developments continue to unfold in the Central Area, the long-term investment potential of such properties remains promising, making this offering an attractive proposition for discerning investors and homebuyers alike.