3 Room (3A) HDB for Rent in 43 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 $388,422, translating to a price per square foot (PSF) of $531. This valuation is particularly notable as it reflects a market price that has shown no deviation from the baseline, indicating a stable demand for HDB properties within this coveted locale. The Central Area, known for its accessibility and proximity to key amenities, continues to attract both homebuyers and investors, maintaining its status as a prime residential destination.

The model's high confidence level is bolstered by an analysis of 85 recent HDB resale transactions in the vicinity, which provides a robust dataset for comparative assessment. The consistent pricing observed within this market signals a strong equilibrium, suggesting that the current valuation accurately encapsulates the prevailing market dynamics. As the remaining lease of 47 years is taken into account, potential buyers should weigh the implications of leasehold properties against their long-term investment strategies. Overall, this valuation not only underscores the property’s intrinsic value but also reflects the ongoing trends within Singapore’s real estate landscape.