3 Room (3I) HDB for Rent in 9 Holland Avenue

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 41 years, stands at an estimated value of $342,696, translating to a price per square foot (PSF) of $490. This valuation indicates a stable market condition, as the estimated value reflects a 0% deviation from the baseline market price. Such alignment suggests that the property is positioned within a competitive range, consistent with recent market trends observed in the area.

Analysis of the local market dynamics is supported by data from nine recent HDB resale transactions in the vicinity. The medium confidence level of this model indicates a balanced approach to interpreting these transactions, which collectively affirm the resilience of the Central Area as a desirable location for HDB living. The remaining lease of 41 years plays a critical role in the valuation, as it strikes a balance between long-term investment potential and immediate livability, appealing to both owner-occupiers and investors alike. As the market continues to evolve, monitoring the interplay of lease duration and market sentiment will be essential for prospective buyers and sellers in this dynamic segment.