3 Room (3I) HDB for Sale in 3 Beach Road

The valuation of the HDB 3-room unit located in the Central Area reflects a nuanced understanding of both market dynamics and the unique characteristics of the property. With an estimated value of $470,079, equating to $643 PSF, this property positions itself strategically within a competitive market segment. The remaining lease of 52 years indicates a moderate depreciation of the leasehold, which is a crucial factor for potential buyers, particularly in the context of long-term investment viability.

Current market signals indicate a 3.2% difference from the baseline, suggesting a slight upward trend in pricing relative to comparable properties in the vicinity. This is reinforced by the analysis of 10 recent HDB resale transactions in the area, which provide a robust dataset for establishing market benchmarks. The model confidence is rated as medium, highlighting that while the valuation reflects contemporary market sentiments, fluctuations in demand and local economic conditions could influence future pricing trajectories. Overall, this valuation encapsulates the intricate interplay between lease duration, market trends, and the desirability of Central Area living.