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

The HDB 3-room property located in the Central Area, with a remaining lease of 49 years, has been appraised at an estimated value of $409,564, translating to a price per square foot (PSF) of $585. This valuation aligns closely with the current market conditions, reflecting a 0% difference from the baseline prices observed in the vicinity. Such stability in pricing signals a balanced market where demand is being met with an adequate supply, particularly in a highly sought-after area like the Central Region of Singapore.

The model confidence for this valuation is rated as medium, indicating that while the analysis is based on robust data from 9 recent HDB resale transactions in the area, external market dynamics can still influence property values. The remaining lease of 49 years is a significant factor for potential buyers, as it affects the long-term investment perspective. Properties in the Central Area typically maintain higher demand due to their accessibility and proximity to key amenities, which can mitigate the perceived risk associated with shorter lease terms. As such, this valuation presents an attractive opportunity for discerning investors looking to capitalize on the enduring appeal of central living.