3 Room (3I) HDB for Sale in 21 Ghim Moh Road

The valuation of the 3-room HDB property located in Singapore's Central Area reflects a compelling investment opportunity, with an estimated value of $389,813, translating to a price per square foot (PSF) of $558. This valuation is noteworthy, particularly given the remaining lease of 49 years, which positions the property at a sweet spot in terms of leasehold duration, balancing both affordability and potential for appreciation. The analysis is based on a robust dataset comprising 100 recent HDB resale transactions within the vicinity, ensuring a comprehensive understanding of the local market dynamics.

Significantly, the current estimated value is marked as above market by 9.8% when compared to baseline metrics, indicating a strong demand in the area that may be driven by the property’s strategic location and amenities. The high model confidence associated with this valuation underscores the reliability of market signals, suggesting that buyers are willing to pay a premium for quality residences in the Central Area. As the urban landscape evolves, properties with favorable lease terms and strategic positions are likely to attract continued interest, making this HDB unit a noteworthy contender for both end-users and investors alike.