3 Room (3I) HDB for Rent in 11 Holland Drive

The valuation of the HDB 3 Room unit located in the Central Area, with a remaining lease of 47 years, stands at an estimated value of $387,399, translating to a price per square foot (PSF) of $529. This valuation reflects a pivotal market signal, indicating a stable equilibrium with a 0% difference from the baseline price. The high model confidence is underpinned by an analysis of 83 recent HDB resale transactions within the vicinity, demonstrating robust market activity and demand consistency.

In examining the implications of the remaining lease period, it is crucial to recognize that a 47-year lease presents a unique consideration for prospective buyers. The Central Area continues to be a highly sought-after locale, driven by its proximity to key amenities and transport nodes. This enduring desirability serves to mitigate the potential impacts of lease decay, ensuring that the property remains an attractive investment. As such, despite the moderate residual lease duration, the valuation is supported by the underlying market fundamentals, which signify a well-balanced environment for HDB resale properties in this prime district.