3-Room HDB for Room Rent: 535 Upper Cross Street

The valuation of the HDB 3 Room unit situated in the Central Area, with a remaining lease of 52 years, stands at an estimated value of $88,267, translating to a price per square foot (PSF) of $588. This valuation is indicative of the current market dynamics which reflect a stable environment, as evidenced by the 0% difference from the baseline market price. Such stability suggests that the property is positioned competitively within the local market, making it an appealing option for potential homeowners and investors alike.

The high model confidence rating, supported by a robust analysis of 158 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. The Central Area remains a desirable location, characterized by its vibrant amenities and connectivity, factors that inherently drive demand for HDB properties. With a remaining lease of 52 years, this unit offers potential buyers a significant duration of tenure, which is a crucial consideration in the HDB resale market. As such, this valuation not only reflects current market sentiments but also underscores the enduring appeal of properties in the Central Area.