3 Room (3I) HDB for Sale in 801 French Road

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 51 years, stands at an estimated value of $439,851, translating to a price per square foot (PSF) of $602. This valuation indicates a significant market signal, as it is positioned 13.2% above the established baseline for comparable properties in the vicinity. Such a premium suggests strong demand in the Central Area, which is often characterized by its strategic location, proximity to amenities, and robust urban infrastructure.

With a model confidence rated as high, the valuation is supported by a comprehensive analysis of 98 recent HDB resale transactions, reflecting the current market dynamics and buyer sentiment. The elevated price point is indicative of the area’s desirability, particularly among young professionals and families seeking the vibrancy of urban living. As the lease period of 51 years remains favorable in the context of HDB properties, it is likely to attract investors who recognize the potential for long-term capital appreciation. This valuation not only underscores the resilience of the Singapore housing market but also highlights the competitive nature of property in central locations.