3 Room (3I) HDB for Sale in 21 Ghim Moh Road

In the current real estate landscape of Singapore, the valuation of the HDB 3-room unit located in the Central Area has emerged as a notable highlight. With an estimated value of $391,019, equating to $559 PSF, this property exhibits a commendable market signal that is positioned above the baseline by 9.5%. This above-market valuation is indicative of a robust demand surpassing the supply constraints typical of the Central Area, a prime location known for its accessibility and vibrant urban lifestyle.

The property's remaining lease of 49 years adds a layer of complexity to its valuation. While shorter lease periods can often deter potential buyers, the strong market signal suggests that this particular HDB unit is highly sought after, likely due to its advantageous location and the overall desirability of the Central Area. The analysis is supported by a substantial dataset of 204 recent HDB resale transactions in the vicinity, lending a high confidence level to this appraisal. As the market continues to evolve, the interplay between lease duration and location will remain crucial in shaping the future valuations of HDB properties across Singapore.