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

The valuation of the HDB 3-room unit located in the Central Area reflects a calculated estimate of $403,646, translating to a price per square foot (PSF) of $577. With a remaining lease of 48 years, this property occupies a strategic position within one of Singapore’s most sought-after districts. The estimated value aligns closely with the current market price, indicating a 0% difference from baseline, which suggests a stable pricing environment in the vicinity for similarly categorized properties.

The model confidence for this valuation is rated as medium, derived from an analysis of 10 recent HDB resale transactions in the area. This confidence level underscores the importance of considering both the remaining lease duration and the competitive landscape of the market. Given the proximity to key amenities and the overall desirability of the Central Area, this property maintains a resilient market presence. Buyers should be cognizant of the lease dynamics, as the remaining tenure can significantly influence both the appreciation potential and overall investment value in the long term.