3 Room (3I) HDB for Sale in 15 Marsiling Lane

The valuation of the HDB 3 Room property located in Woodlands, with a remaining lease of 48 years, stands at an estimated value of $230,897, translating to a price per square foot (PSF) of $330. This valuation positions the property significantly above the market baseline, reflecting a notable 55% premium. Such a discrepancy from the baseline indicates a strong demand for HDB units within this precinct, driven by factors such as location desirability, amenities, and overall market sentiment.

The model confidence for this valuation is classified as medium, based on a comprehensive analysis of 13 recent HDB resale transactions in the immediate vicinity. This suggests a moderate level of certainty in the valuation, influenced by the variability in transaction prices and the unique characteristics of each property. The remaining lease period of 48 years plays a crucial role in potential buyers' considerations, as it directly impacts future resale value and financing options. In a competitive market, this property’s pricing dynamics may attract interest from both owner-occupiers and investors, reinforcing the ongoing trend of heightened activity in the Woodlands area.