3 Room (3NG) HDB for Rent in 2 Holland Avenue

The valuation of the 3-room HDB property located in the Central Area, with a remaining lease of 47 years, stands at an estimated market value of $404,401, translating to a price per square foot (PSF) of $578. This valuation reflects a market equilibrium, showcasing a 0% deviation from the baseline price, indicating that the property is priced accurately in relation to current market conditions. The Central Area's vibrancy and accessibility continue to attract buyers, which underpins the stability of HDB values in this prime locale.

With medium confidence in the model, this valuation is supported by an analysis of nine recent resale transactions within the vicinity. These transactions reveal a consistent pricing trend, demonstrating that properties in this area maintain their value due to strong demand and limited supply. As the remaining lease of 47 years is a critical factor in HDB valuations, this property maintains a competitive edge, appealing to both first-time buyers and investors who are seeking long-term capital appreciation. The dynamics of the Central Area, complemented by ongoing urban redevelopment initiatives, further solidify its attractiveness as a premier residential choice.