3 Room (3I) HDB for Sale in 12 Holland Avenue

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 48 years, stands at an impressive estimated value of $380,072, translating to a premium $543 per square foot (PSF). This valuation reflects a significant market signal, indicating that the property is priced 35.2% above the baseline for similar units. Such a high valuation in relation to the surrounding market can be attributed to the property’s prime location, which offers unparalleled access to urban amenities and services, making it an attractive investment for potential buyers.

Furthermore, the model confidence in this valuation is classified as high, bolstered by a comprehensive analysis of 91 recent HDB resale transactions within the vicinity. The enduring appeal of HDB properties in central locations, coupled with limited supply, creates upward pressure on prices, particularly for units with substantial remaining leases. As the market continues to evolve, this property exemplifies the dynamic interplay between location desirability and lease tenure, underscoring its potential for long-term appreciation in value.