3 Room (3I) HDB for Sale in 3 Beach Road

The valuation of this HDB 3 Room unit, situated in the prime Central Area with a remaining lease of 52 years, stands at an estimated value of $429,321, translating to a price per square foot (PSF) of $587. This valuation reflects a market signal indicating a 2% difference from the baseline, suggesting a stable and competitive pricing environment within the sector. The confidence in this valuation is notably high, supported by a robust dataset comprising 155 recent HDB resale transactions in the vicinity, which lends credibility to the assessed market dynamics.

In analyzing the lease duration, it is important to note that the remaining 52 years of leasehold tenure positions this property favorably within the Central Area, where demand typically remains resilient due to its strategic location and accessibility. The slight premium in pricing indicates that buyers are willing to invest in properties with shorter remaining leases, a trend that is becoming increasingly common in Singapore's evolving real estate landscape. As such, this HDB unit not only offers potential for appreciation but also remains a viable option for families seeking to reside in one of the most sought-after districts of Singapore.