3 Room (3NG) HDB for Sale in 204 Marsiling Drive

This report provides a comprehensive valuation of a 3-room HDB unit located in the Woodlands area, with a remaining lease of 54 years. The estimated value of the property stands at $287,075, equating to a price per square foot of $393. This valuation places the property above the current market baseline, reflecting a significant 39% differential, indicative of heightened demand or unique selling propositions associated with this listing.

Analysis of recent HDB resale transactions in the vicinity, comprising nine comparable sales, has contributed to a medium confidence level in this valuation. Factors influencing this assessment include the strategic location of Woodlands, which is witnessing a gradual increase in desirability due to ongoing urban development and infrastructural improvements. As buyers increasingly consider the remaining lease term as a critical variable in their purchasing decisions, the 54-year lease provides a balanced opportunity for potential homeowners, blending affordability with the prospect for capital appreciation in a vibrant district.