3 Room (3I) HDB for Sale in 19 Ghim Moh Road

The valuation of the HDB 3-room property located in the Central Area is estimated at $390,460, translating to a competitive rate of $559 per square foot (PSF). Given the remaining lease of 49 years, this property is positioned within an appealing segment of the market, especially considering its urban locale. The valuation indicates a notable premium, with an 11.4% difference from the baseline, suggesting that this property is currently perceived as being above the average market rate in the vicinity.

This valuation is backed by robust empirical data, derived from a comprehensive analysis of 102 recent HDB resale transactions within the area, instilling a high level of confidence in the model's predictions. The dynamics of the Central Area, characterized by its proximity to essential amenities and transportation networks, further enhance the property’s desirability. As the market continues to evolve, the interplay of lease duration and strategic location will be critical in shaping long-term investment returns for prospective buyers in this segment of the HDB market.