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

The valuation for the HDB 3 Room unit located in the Central Area reflects a robust market performance with an estimated value of $409,564, translating to $585 per square foot. With a remaining lease of 49 years, this property holds a significant position within the competitive landscape of HDB offerings, particularly in a region known for its accessibility and urban amenities. The model's confidence level is categorized as medium, indicating a balanced reliance on the recent transaction data from the vicinity.

Analyzing the market dynamics, it is noteworthy that the estimated value shows a 0% difference from the baseline market price, suggesting stable demand and supply equilibrium in the area. This stability is corroborated by recent resale transactions, with nine comparable units setting a consistent pricing benchmark. Buyers should consider the implications of the remaining lease period, as it plays a crucial role in long-term investment viability, especially in a market like Singapore where lease durations significantly influence property desirability and value appreciation potential.