4 Room (4S) HDB for Rent in 15 Ghim Moh Road

The valuation of the HDB 4-room property located in the Central Area reflects a calculated estimate of $429,515, equating to $487 per square foot (PSF). With a remaining lease of 49 years, this property sits in a strategic location that typically garners strong interest among both residents and investors. The current valuation indicates a market price that aligns closely with baseline expectations, showcasing a 0% difference from the baseline, which suggests a stable demand for HDB units in this area. This stability is underpinned by the proximity to essential amenities and transportation hubs that enhance the livability and desirability of the Central Area.

Market dynamics in the vicinity have been analyzed through 11 recent HDB resale transactions, providing a robust dataset that informs this valuation. The model confidence is assessed as medium, indicating a reasonable degree of assurance in the valuation despite some variability in individual transaction prices. The resilience of HDB prices in the Central Area can be attributed to the enduring appeal of urban living, as well as the limited availability of new land for development. It is advisable for potential buyers and investors to consider the implications of the remaining lease on long-term value, as well as the potential for future market fluctuations in this competitive landscape.