3 Room (3I) HDB for Rent in 46 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 $318,599, translating to a price per square foot (PSF) of $529. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such a stable market signal suggests a balanced demand and supply scenario in this highly sought-after locality, which is characterised by its proximity to essential amenities and transport links.

The model confidence in this valuation is deemed high, underscored by an analysis of 83 recent HDB resale transactions within the vicinity. This robust dataset provides a reliable foundation for the appraisal, revealing consistent pricing trends that are reflective of the current market dynamics. Furthermore, the remaining lease of 47 years may impact future resale potential, as buyers often consider the lease duration when making investment decisions. However, the central location and the ongoing demand for HDB properties in this area bolster the investment appeal of this unit, suggesting that it remains a viable option for both homebuyers and investors alike.