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

The valuation of the HDB 3-room property located in the Central Area, with a remaining lease of 52 years, presents a compelling opportunity for discerning buyers. With an estimated value of $467,237, equating to $639 per square foot, this property is positioned favorably within the current market dynamics. The analysis indicates a significant 6.3% deviation from the baseline prices, categorizing this property as a 'Good Deal'—an enticing prospect for investors and homeowners alike.

This valuation is underpinned by data from nine recent HDB resale transactions in the vicinity, which reflect a robust demand trend in the Central Area. The medium confidence level in the model suggests that while the valuation is reliable, it is prudent for potential buyers to conduct further due diligence. The remaining lease of 52 years is a crucial factor in the overall investment appeal, as properties with longer leases generally command higher appreciation potential. Buyers should consider this valuation in conjunction with the evolving market conditions and the intrinsic value of owning a property in such a sought-after locale.