2 Room HDB for Rent in 5 Ghim Moh Road

The valuation of the HDB 2 Room unit in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $367,769, translating to a price per square foot (PSF) of $525. This valuation reflects a market price that remains consistent with the baseline, indicating a stable demand environment amidst the current economic landscape. Such stability in pricing suggests a balanced market dynamic, where supply and demand factors are aligning without significant pressure from either side.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited sample size of only three recent resale transactions within the vicinity. This lack of robust data can result in increased variability in the estimated value, underlining the necessity for potential buyers and investors to approach this segment of the market with caution. The remaining lease period of 49 years also plays a critical role in the valuation, as properties with shorter leases may face depreciation in market value over time. As such, prospective buyers should weigh these factors judiciously in their investment considerations.