3 Room (3NG) HDB for Rent in 14 Kampong Arang Road

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 37 years, stands at an estimated value of $452,910, translating to a price per square foot of $409. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this prime location. The Central Area is known for its vibrant urban lifestyle, excellent connectivity, and proximity to essential amenities, making it a sought-after enclave for both homeowners and investors alike.

The model confidence for this valuation is classified as High, based on a robust analysis of 150 recent HDB resale transactions in the vicinity. This extensive dataset provides a reliable foundation for understanding current market dynamics. The absence of any significant deviation from the baseline suggests a balanced market, where supply and demand are in equilibrium. As the remaining lease diminishes over time, prospective buyers should be cognizant of the implications on long-term investment value, yet the Central Area's enduring appeal is likely to provide ongoing interest in this property type.