3 Room (3I) HDB for Sale in 536 Upper Cross Street

The valuation of the HDB 3-room property located in the Central Area, with a remaining lease of 51 years, stands at an estimated value of $462,814, translating to a price per square foot (PSF) of $632. This valuation positions the property significantly above the market baseline, reflecting a remarkable 35.7% premium. Such a discrepancy indicates a robust demand for HDB units in prime locations, particularly within the Central Area, where accessibility and amenities drive buyer interest and property appreciation.

Despite the elevated valuation, it is essential to note that the model confidence is classified as low, primarily based on a limited dataset comprising only five recent resale transactions in the vicinity. This suggests that while current market sentiment favors higher valuations, the underlying data may not sufficiently support such a premium. Investors and potential buyers should proceed with caution, considering the implications of the remaining lease term and market dynamics that could influence future resale opportunities. In a rapidly evolving property landscape, the balance between desired location and lease duration remains a critical factor in determining long-term value stability.