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

The valuation of this HDB 3-room unit in the Central Area, with a remaining lease of 49 years, indicates a robust estimated value of $391,019, translating to a price per square foot (PSF) of $559. This assessment positions the property above the baseline market value by approximately 12%, reflecting strong demand dynamics in a desirable urban locale. The Central Area is historically characterized by premium pricing due to its proximity to key amenities and infrastructural advantages, which continue to drive buyer interest.

Furthermore, the model confidence rating is classified as high, based on an analysis of 102 recent HDB resale transactions in the vicinity, underscoring the reliability of the valuation metrics employed. As the residential landscape evolves, properties within the Central Area are expected to maintain their appeal, particularly as urban redevelopment initiatives and lifestyle shifts continue to enhance the desirability of living in such prime locations. Investors and potential homeowners should consider the implications of the remaining lease period, balancing it against the current market dynamics and long-term appreciation potential.