3 Room (3I) HDB for Sale in 9 Holland Avenue

The valuation of the HDB 3-room unit in the Central Area, with a remaining lease of 46 years, stands at an estimated value of $383,939, translating to a price per square foot (PSF) of $549. This price indicates a significant market signal, reflecting a premium valuation that is approximately 40.1% above the baseline. Such a discrepancy underscores the increasing demand for properties in central locations, where accessibility and amenities contribute to heightened interest among buyers.

The model confidence for this valuation is categorized as medium, based on an analysis of nine recent HDB resale transactions in the vicinity. This suggests a degree of variability in market conditions, yet the consistent upward trend in prices within the Central Area cannot be overlooked. Factors influencing this valuation include the desirable location, proximity to essential services, and the enduring appeal of HDB living in urban Singapore. As the property landscape evolves, it remains crucial for potential investors and homeowners to keenly evaluate leasehold dynamics, as the remaining lease period could impact future resale opportunities and long-term value retention.