3 Room (3I) HDB for Sale in 5 Tanjong Pagar Plaza

The valuation of the HDB 3-room unit located in the Central Area reflects an estimated market value of $382,460, translating to $602 PSF. This valuation is positioned significantly above the market baseline, exhibiting a remarkable 51.6% difference. Such a premium valuation suggests a strong demand for properties in this prime location, potentially driven by the Central Area's unique blend of accessibility, urban amenities, and lifestyle offerings that cater to a diverse demographic.

With a remaining lease of 49 years, this property embodies a critical component of its valuation, as leasehold tenure significantly influences buyer sentiment and investment viability in Singapore’s real estate market. The medium model confidence suggests that while the valuation is informed by a robust analysis of 9 recent HDB resale transactions in the vicinity, market fluctuations and buyer preferences can still introduce variability. Stakeholders should consider the implications of lease duration and the prevailing economic landscape as they navigate this dynamic market environment.