3 Room (3I) HDB for Sale in 13 Holland Drive

This valuation report analyses a HDB 3 room property located in the Central Area, boasting a remaining lease of 47 years. The estimated value of this unit stands at $371,270, translating to a price per square foot (PSF) of $530. Notably, this valuation is categorized as above market, with an impressive 48.1% difference from the baseline, indicating a strong demand and premium positioning within the local real estate landscape.

The high model confidence, grounded in a comprehensive review of 84 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. Demand for properties in the Central Area remains robust, driven by its strategic location, accessibility, and amenities. As the remaining lease is a critical factor in HDB valuations, this property’s 47-year lease offers a balance of longevity while still appealing to potential buyers seeking urban living. The current market dynamics suggest that this property is well-positioned to attract interest from both owner-occupiers and investors alike, further emphasizing its value proposition in a competitive market.