4 Room (4I) HDB for Rent in 15 Ghim Moh Road

The valuation of the HDB 4-room unit in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $429,515, equating to a price per square foot (PSF) of $487. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is positioned at a competitive price in the current market landscape. Given the significant urbanization and demand for housing in central locations, this valuation underscores the desirability of properties in such prime areas.

Analysis of 11 recent HDB resale transactions in the vicinity provides a robust foundation for this estimate, contributing to a medium level of model confidence. It is essential to note that the remaining lease of 49 years may impact buyer sentiment and financing options, potentially influencing future market dynamics. However, the strong demand for HDB properties in central Singapore can mitigate concerns surrounding lease duration, particularly for buyers seeking proximity to key amenities and transportation networks. As the market evolves, this property stands as a compelling opportunity for investors and homeowners alike.