3 Room (3NG) HDB for Sale in 14 Kampong Arang Road

The valuation of the HDB 3 Room property situated in the Central Area, with a remaining lease of 37 years, has been assessed at an estimated value of $450,669, translating to $407 per square foot (PSF). This valuation is positioned significantly above the market average, reflecting a 66.4% difference from the baseline. Such an elevation in value is indicative of the property’s prime location, which is a crucial factor in the Singapore real estate landscape, particularly within the highly sought-after Central Area.

Our analysis is grounded in robust data, having reviewed 158 recent HDB resale transactions within the vicinity, which provides a comprehensive overview of current market dynamics. The high model confidence associated with this valuation underscores the reliability of the data and trends identified. As urban development continues to shape the Central Area, properties with extended leases such as this one stand to benefit from the ongoing demand for residential spaces in prime locations, making it an attractive proposition for both buyers and investors alike.