3-Room HDB for Room Rent: 6 Ghim Moh Road

The valuation of the 3-room HDB unit located in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $81,479, translating to a competitive $543 PSF. This valuation reflects a precise market signal, indicating a zero percent difference from the baseline price. Such stability in pricing suggests a well-balanced demand and supply dynamic within this prime district, especially noteworthy given the limited lease duration remaining on the property.

Our analytical model, underpinned by a robust data set from 99 recent HDB resale transactions in the vicinity, indicates a high confidence level in this valuation. The current market landscape in Singapore’s Central Area demonstrates a resilience against fluctuations, bolstered by the enduring appeal of urban living. Prospective buyers may find this property particularly attractive, given its strategic location, which typically commands higher interest despite the remaining lease period. This valuation serves as a testament to the enduring value of HDB properties within central locales, where accessibility and urban amenities remain paramount.