3 Room (3I) HDB for Rent in 3 Beach Road

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 52 years, is estimated at $467,237, translating to a price per square foot (PSF) of $639. This valuation reflects a neutral market signal, indicating a 0% difference from the baseline price, suggesting that the property is currently priced in line with the prevailing market averages in the vicinity. Such stability is indicative of a well-balanced market, where supply and demand dynamics are maintaining equilibrium.

Moreover, the model confidence level is noted as medium, based on a robust analysis of 9 recent HDB resale transactions within the area. This sample provides a credible basis for the valuation, yet it is essential to acknowledge that market conditions can fluctuate, impacting future resale values. The remaining lease of 52 years is a crucial factor for potential buyers to consider, as it may influence both the attractiveness and the long-term investment potential of the property. Given the prime location in the Central Area, this HDB unit remains an appealing prospect for those looking to balance urban living with a reasonable investment horizon.