3 Room (3A) HDB for Rent in 1 Kampong Kayu Road

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 75 years, reflects a current estimated value of $606,266, translating to $909 per square foot. This valuation is particularly significant given the highly competitive nature of the Central Area, which typically commands premium pricing due to its strategic location, extensive amenities, and accessibility to public transport. The model confidence is rated as medium, indicating a reasonable level of certainty in this valuation based on the recent market activities.

Analyzing the market signal, we note that the estimated value shows a 0% difference from the baseline, suggesting that the property is priced consistently with current market trends. This stability indicates a balanced demand and supply scenario in the HDB market within this locale. Furthermore, the valuation is grounded in the analysis of ten recent HDB resale transactions in the vicinity, reinforcing the credibility of the estimated value. As Singapore’s real estate market continues to evolve, the longevity of the remaining lease and its implications on future resale potential should be considered by prospective buyers, especially in a central location where leasehold dynamics can significantly impact value appreciation over time.