3 Room (3I) HDB for Sale in 19 Ghim Moh Road

The current valuation of the HDB 3-room unit located in the Central Area stands at an estimated value of $390,460, translating to a price per square foot (PSF) of $559. This valuation is positioned 11.4% above the market baseline, indicating a premium status within the local resale market. Such a strong valuation suggests a robust demand for properties in this sought-after locale, where amenities and connectivity significantly enhance the desirability of living in the Central Area.

With a remaining lease of 49 years, this property demonstrates a favorable balance between longevity and market demand. The model confidence for this valuation is classified as high, based on the analysis of 102 recent HDB resale transactions in the vicinity. This substantial dataset not only reinforces the credibility of the valuation but also highlights the resilience of the HDB market in central locations. As urbanization trends continue to evolve, properties such as this one are likely to benefit from ongoing infrastructure developments and demographic shifts, making it a compelling option for both homeowners and investors alike.