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

The valuation of the HDB 3-room unit located in Singapore's Central Area reflects a robust market signal, with an estimated value of $391,019, translating to $559 PSF. This valuation is notable, as it stands at a significant 9.5% above the baseline market rate, indicating a strong demand for properties in this prime location. The Central Area continues to attract both local and expatriate buyers, driven by its proximity to key amenities, employment hubs, and vibrant lifestyle offerings.

With a remaining lease of 49 years, this property’s valuation is underpinned by a high model confidence level, supported by a comprehensive analysis of 204 recent HDB resale transactions in the vicinity. The premium pricing reflects not only the desirability of the location but also the dynamics of the current real estate market, where buyers are increasingly willing to invest in properties with longer remaining leases, despite the competitive landscape. As such, this HDB unit represents a unique opportunity for discerning buyers seeking both an investment and a residence in one of Singapore's most sought-after areas.