3 Room (3I) HDB for Rent in 4 Ghim Moh Road

The valuation of the 3-room HDB unit located in the Central Area stands at an estimated value of $409,564, translating to $585 per square foot. With a remaining lease of 49 years, this property presents an intriguing case study within the current Singaporean real estate landscape. The valuation reflects a market price that is stable, with a notable 0% difference from the baseline, indicating that the property is priced precisely in line with prevailing market conditions.

Analysis based on recent data derived from 9 comparable HDB resale transactions in the vicinity reveals a medium level of model confidence. This suggests that while the valuation is consistent with the local market dynamics, potential buyers and investors should consider the implications of the remaining lease on the property’s long-term investment viability. In an environment where leasehold properties face depreciation as the lease term shortens, this 49-year lease position may warrant a closer examination in relation to market trends, demand for central locations, and the overall economic climate affecting HDB properties in Singapore.