3 Room (3A) HDB for Rent in 21 Ghim Moh Road

The valuation of the 3-room HDB unit located in Singapore's Central Area, with a remaining lease of 49 years, stands at an estimated value of $391,417, translating to a price per square foot (PSF) of $559. This valuation reflects a stable market signal, indicating that the property is currently priced at par with the baseline, suggesting a balanced demand and supply scenario in this highly sought-after region. Given that this valuation is corroborated by 99 recent HDB resale transactions in the vicinity, we can infer a robust market sentiment that supports this pricing.

With a high model confidence rating, the data points to a resilient market dynamic that typically characterizes the Central Area, known for its strategic location and accessibility. The remaining lease of 49 years is a critical factor for prospective buyers, as it impacts long-term investment potential and financing options. As leasehold properties approach their lease expiry, market perceptions can shift, influencing future valuations. Therefore, understanding these dynamics is essential for stakeholders looking to navigate the complexities of the HDB market in this prime locale.