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

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $408,978, equating to $585 per square foot (PSF). This valuation reflects a market signal that is notably above the baseline by 11.3%, indicating strong demand dynamics within this prime locale. The Central Area is characterized by its strategic accessibility and vibrant urban lifestyle, which contributes significantly to the property’s elevated valuation amidst a competitive HDB market.

With model confidence rated as medium, this valuation is supported by an analysis of 18 recent HDB resale transactions within the vicinity. The above-market valuation suggests a robust appreciation potential, particularly in light of the property’s proximity to essential amenities and transport links. As the remaining lease period extends to 49 years, prospective buyers may weigh this factor against the overall market conditions, which remain favorable due to continued interest in central living spaces. The interplay of lease duration and market demand will be crucial in shaping future resale opportunities for this HDB unit.