3 Room (3I) HDB for Rent in 12 Holland Avenue

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 48 years, stands at an estimated value of $380,818, translating to a price per square foot (PSF) of $544. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a balanced demand and supply dynamic within this competitive segment of the housing market. The valuation is bolstered by a robust model confidence rating, which is classified as high, ensuring that the estimated value is underpinned by reliable data and trends.

In analyzing the local market conditions, it is noteworthy that this valuation is derived from a substantial dataset comprising 93 recent HDB resale transactions in the vicinity. Such a comprehensive sampling provides a robust basis for understanding the pricing trends and buyer sentiments in this densely populated urban area. The stability in the market price indicates a sustained interest in HDB properties within the Central Area, affirming the desirability of this locale despite the remaining lease period. This dynamic underscores the importance of location and the potential for appreciation in the value of HDB properties, even with a shorter lease tenure.