3 Room (3I) HDB for Rent in 12 Holland Avenue

The valuation of the HDB 3-room unit located in the Central Area reflects a meticulous analysis of current market dynamics and property trends. With an estimated value of $351,941 or $529 PSF, this property stands at a pivotal juncture within the HDB resale market, showcasing a market price that is in alignment with the baseline—indicating a 0% difference from the baseline valuation. This equilibrium suggests a stable demand for HDB units in the Central Area, a region renowned for its accessibility and vibrant urban environment.

The remaining lease of 47 years on this property is a critical factor influencing its valuation. As HDB units with shorter leases tend to experience a depreciation in market value, the remaining lease period provides a reasonable buffer against rapid devaluation, enhancing buyer confidence. The high model confidence rating, derived from an analysis of 83 recent HDB resale transactions in the vicinity, further underscores the robustness of this valuation. This data set not only validates the estimated value but also reflects the consistent interest in HDB properties within this sought-after locale.