3 Room (3I) HDB for Rent in 21 Ghim Moh Road

The valuation of the 3-room HDB property located in the Central Area of Singapore, with a remaining lease of 49 years, stands at an estimated value of $388,150, translating to a price per square foot (PSF) of $555. This valuation reflects a stable market condition, evidenced by a market price that shows a 0% deviation from the baseline. Such stability is indicative of a balanced demand and supply scenario, characteristic of the Central Area, where urban amenities and accessibility drive sustained interest in HDB properties.

With a model confidence rating categorized as high, this valuation is supported by an extensive analysis of 158 recent HDB resale transactions within the vicinity. The consistent performance of properties within this segment underscores the resilience of the HDB market, especially in central locations. As the remaining lease of 49 years is a critical factor in the valuation process, potential buyers should consider the implications of leasehold tenure on future resale potential and investment value. Overall, the data reinforces the attractiveness of this property as a sound investment opportunity in a prime urban locale.