3-Room HDB for Room Rent: 21 Ghim Moh Road

The valuation of the HDB 3 Room unit located in the Central Area stands at an estimated value of $110,751, translating to a price per square foot (PSF) of $554. Given the property’s remaining lease of 49 years, this valuation reflects a critical intersection of location desirability and lease tenure, both pivotal factors in determining the market sentiment in Singapore’s real estate landscape. The property is positioned within a thriving urban hub, making it an attractive prospect for both owner-occupiers and investors alike.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the current valuation is in alignment with prevailing market trends. This stability is underscored by a robust model confidence rating, categorized as high, which is bolstered by a comprehensive analysis of 157 recent HDB resale transactions within the vicinity. Such data-driven insights are invaluable for potential buyers and investors as they navigate the competitive landscape of Singapore's HDB market, particularly in central locations where demand remains resilient despite lease considerations.