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

The valuation of the HDB 3-room flat in the Central Area, with a remaining lease of 48 years, stands at an estimated value of $380,072, translating to a price per square foot (PSF) of $543. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is accurately priced in relation to recent market trends. The high confidence level of the model, based on 91 recent HDB resale transactions in the vicinity, underscores the reliability of this estimate in the context of prevailing market dynamics.

In assessing the property, it is essential to recognize the implications of the remaining lease period. With 48 years left on the lease, buyers may exhibit varying levels of interest based on their investment horizon and risk appetite. Typically, properties with shorter leases may attract a premium discount as they approach the 30-year mark, yet this HDB unit remains competitively positioned given its central location. The consistent market activity in the area further reinforces the attractiveness of this offering, suggesting a resilient demand for HDB flats in prime locations despite lease considerations.