3 Room (3I) HDB for Rent in 4 Ghim Moh Road

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $409,564, translating to a price per square foot (PSF) of $585. This valuation is particularly noteworthy as it reflects a market price that is aligned with the baseline, indicating a stable demand and supply equilibrium in this sought-after location. The Central Area, known for its strategic proximity to key amenities and transport hubs, continues to attract interest from both owner-occupiers and investors alike.

With a medium level of model confidence based on an analysis of 9 recent HDB resale transactions in the vicinity, the current market dynamics reveal a significant resilience in property values. The absence of deviation from the baseline price underscores a balanced market sentiment, despite the potential challenges posed by the remaining lease period. As the lease approaches the halfway mark, it is crucial for prospective buyers to consider the implications on future resale potential and financing options. Overall, this valuation reaffirms the Central Area as a desirable enclave for HDB living, offering both lifestyle and investment opportunities.