3 Room (3I) HDB for Rent in 49 Dorset Road

The valuation of the HDB 3 Room property in the Central Area presents a compelling insight into the dynamics of Singapore's housing market, particularly for properties with a remaining lease of 49 years. Priced at an estimated value of $67,100, translating to $559 per square foot (PSF), this property reflects a stable market signal with a 0% deviation from the baseline. This indicates a balanced equilibrium between buyer and seller expectations, reinforcing the notion of a consistent demand for HDBs in prime locations.

With a model confidence rated as high, the valuation draws upon a robust dataset of 99 recent HDB resale transactions within the vicinity, providing a solid foundation for its accuracy. The Central Area, characterized by its accessibility and amenities, continues to attract interest despite the shorter lease term. As the market evolves, the interplay between lease tenure and buyer sentiment will remain pivotal, particularly as potential owners weigh the future value against the current price point. This analysis underscores the significance of lease duration in the valuation process, especially in a competitive urban landscape such as Singapore.