3 Room (3I) HDB for Rent in 5 Ghim Moh Road

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 49 years, is estimated at $423,828, equating to a price per square foot (PSF) of $589. This valuation reflects a market price that is currently in equilibrium, exhibiting a 0% difference from the baseline. Such stability in pricing suggests a cautious yet steady demand for HDB properties within this sought-after district, where proximity to essential amenities and urban conveniences significantly enhances residential desirability.

Our analysis is grounded in data derived from 10 recent HDB resale transactions in the vicinity, which serve as a pivotal benchmark for understanding current market dynamics. The medium confidence level in this valuation indicates a balanced market condition, albeit with slight fluctuations that may arise from the unique characteristics of individual properties, including specific lease terms and the overall condition of the unit. As the remaining lease period of 49 years is a crucial factor in long-term investment considerations, potential buyers should weigh the implications of lease duration against the prevailing market conditions to make informed decisions.