3-Room HDB for Room Rent: 22 Marsiling Drive

The valuation of the 3-room HDB unit in Woodlands, with a remaining lease of 49 years, stands at an estimated value of $40,642, translating to a price per square foot (PSF) of $339. This valuation represents a market price that is in alignment with baseline expectations, indicating a 0% difference from the established market trend. The stability in valuation reflects a balanced demand and supply dynamic in the Woodlands area, which has been supported by recent comparable sales.

Our analysis is underpinned by a review of 8 recent HDB resale transactions within the vicinity, providing a reliable dataset for establishing current market conditions. The medium confidence level in this valuation suggests that while the data is robust, fluctuations may still occur due to broader economic influences and housing policies. With the remaining lease being a critical factor in HDB valuations, potential buyers must weigh the implications of a 49-year lease against their long-term housing aspirations. This property exemplifies the prevailing market dynamics where leasehold tenure plays a pivotal role in determining value, especially in a mature estate like Woodlands.