3 Room (3NG) HDB for Sale in 204 Marsiling Drive

The valuation of the 3-room HDB unit in Woodlands, with a remaining lease of 54 years, stands at an estimated value of $286,488, translating to a price per square foot (PSF) of $392. This valuation reflects a significant market signal, indicating that the property is priced above the market baseline by 39.3%. Such a premium suggests that this particular unit may possess desirable attributes or an advantageous location influencing buyer demand and thus driving the price upward.

Analyzing the local market dynamics, this valuation is supported by data derived from 10 recent resale transactions in the vicinity, which collectively contribute to a medium confidence level in the model's predictive accuracy. The remaining lease of 54 years is a critical factor, as properties with shorter leases tend to experience depreciation in value over time, while those with longer leases generally retain more robust market appeal. Therefore, potential buyers should weigh the implications of lease duration against current market trends, especially in a competitive landscape characterized by evolving buyer preferences and economic conditions.