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

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 48 years, stands at an estimated value of $368,121, translating to a price per square foot (PSF) of $527. This valuation is noteworthy as it positions the property above the market average by approximately 10%, indicating a robust demand within this highly sought-after region. The Central Area, known for its strategic location and proximity to essential amenities, continues to attract buyers, thus shaping the dynamics of the resale market.

With high model confidence derived from an analysis of 155 recent HDB resale transactions in the vicinity, this valuation reflects not only the intrinsic value of the property but also the prevailing market sentiment. The above-market signal suggests that buyers are willing to invest in properties that offer both potential for capital appreciation and the lifestyle benefits associated with living in a central locale. As the lease period is a critical consideration for HDB properties, the remaining 48 years offers a balance between long-term residency and investment viability, making this unit an attractive proposition for both owner-occupiers and investors alike.