3 Room (3NG) HDB for Rent in 22 Marsiling Drive

The valuation of the HDB 3-room unit in Woodlands, with a remaining lease of 49 years, stands at an estimated value of $243,850, equivalent to $339 per square foot (PSF). This pricing reflects a market equilibrium, with a notable 0% difference from the baseline market price, indicating a stable valuation environment within the region. The analysis is based on a comprehensive review of 8 recent HDB resale transactions in the vicinity, which provides a robust dataset for assessing current market dynamics.

With a medium level of model confidence, this valuation underscores the significance of lease duration in influencing property prices in Singapore's unique HDB market. The remaining lease of 49 years positions this property within a critical phase of its lifecycle, where potential buyers may weigh the advantages of the remaining lease against their long-term investment strategy. As the Woodlands area continues to evolve, driven by infrastructural developments and community enhancements, the stability indicated in this valuation suggests that this property remains a viable option for buyers seeking a balance of affordability and location benefits.