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

The valuation of the HDB 3 Room unit in Singapore's Central Area indicates a market estimate of $390,847, translating to a price per square foot of $558. This valuation reflects a stable market condition, with the property showing a 0% difference from the baseline, suggesting that the current pricing is aligned with prevailing market trends. With a remaining lease of 49 years, this property sits within a dynamic segment of the HDB market that continues to attract both owner-occupiers and investors despite the diminishing lease term.

The robust confidence in this valuation, characterized by a High model confidence rating, is underscored by comprehensive analysis derived from 98 recent HDB resale transactions in the vicinity. Such a broad dataset provides a reliable benchmark for determining the fair market value of this property. In the context of Singapore's real estate landscape, the stability in pricing amidst a backdrop of fluctuating economic conditions suggests resilience in demand for Central Area HDB units, driven by their strategic location and the intrinsic value associated with urban living.