3-Room HDB for Room Rent: 3 Beach Road

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 52 years, has been determined at an estimated value of $77,168, translating to a price per square foot (PSF) of $643. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently positioned in line with prevailing market trends. Such stability in pricing is indicative of a balanced demand-supply equation in the Central Area, a region characterized by its strategic location and high desirability among homebuyers.

It is essential to consider the implications of the property's remaining lease, as HDB units with shorter leases tend to experience a decline in value over time. However, the Central Area's robust infrastructure and proximity to essential amenities continue to buoy interest, thereby mitigating the potential depreciation associated with the lease duration. The model confidence for this valuation is assessed as medium, based on an analysis of 10 recent HDB resale transactions within the vicinity, which offers a reliable, albeit cautious, perspective on current market dynamics.