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

The valuation of the HDB 3-room unit located in the Central Area reflects a nuanced understanding of the current market dynamics and the intrinsic value of properties within this vibrant locale. With a remaining lease of 49 years, this property is estimated at $389,813, translating to a price per square foot (PSF) of $558. This valuation stands at an impressive 10.3% above the market baseline, indicating strong demand and potential for appreciation in this highly coveted region.

Our analysis, grounded in data from 100 recent HDB resale transactions in the vicinity, yields a high confidence level in this estimation. The Central Area's unique appeal, characterized by its strategic location, accessibility, and proximity to essential amenities, contributes to the premium pricing observed. As the market evolves, the interplay between lease tenure and buyer sentiment will play a critical role in shaping future valuations. This property, with its significant remaining lease, positions itself favorably amidst the competitive landscape, making it an attractive prospect for discerning buyers seeking both a home and a solid investment.