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

The valuation of the HDB 3 Room property located in the Central Area reflects a calculated estimate of $350,469, translating to a price per square foot (PSF) of $585. With a remaining lease of 49 years, this property is positioned in a market that demonstrates stability, as evidenced by a market price that is aligned with the baseline, showing a 0% difference. This equilibrium suggests that the property is currently valued appropriately in relation to recent sales in the vicinity.

Furthermore, the model's confidence is rated as medium, indicating a reasonable assurance in the valuation based on a sample of 9 recent HDB resale transactions in the area. These transactions provide a relevant benchmark for assessing the value of similar properties, ensuring that the valuation reflects current market dynamics. The Central Area remains a sought-after location, and with a leasehold tenure of 49 years, potential buyers may find this property appealing for its balance of urban convenience and reasonable remaining lease term, contributing to its competitive standing in the HDB market.