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, stands at an estimated value of $391,019, translating to a price per square foot (PSF) of $559. This valuation reflects a robust market signal, indicating a premium above the baseline by 7.9%. Such a discrepancy suggests heightened demand for HDB properties in the central region, driven by factors including proximity to amenities, public transport, and the vibrant urban lifestyle that characterizes this locale.

With a model confidence rated as high, the valuation is supported by a substantial dataset, comprising 204 recent HDB resale transactions in the vicinity. This breadth of data enhances the reliability of the analysis, affirming that even with a diminishing leasehold of 49 years, the inherent value of this property remains strong. The Central Area continues to attract discerning buyers, and this HDB unit exemplifies the ongoing trend of premium pricing within a competitive market landscape. Investors and homeowners alike should consider the implications of lease duration in relation to market dynamics, as it plays a crucial role in long-term property value retention and appreciation.