5 Room (5STD) HDB for Sale in 21 Holland Drive

The valuation of the HDB 5-room property located in the Central Area is set at an estimated value of $981,091, translating to a price per square foot (PSF) of $779. This valuation is particularly noteworthy given the remaining lease of 47 years, which positions it strategically within the market dynamics of Singapore's real estate landscape. Notably, the valuation indicates a price that is above the market baseline by 7%, suggesting a robust demand for properties in this prime location.

Our analysis draws upon data from 43 recent HDB resale transactions in the vicinity, which reinforces the model's high confidence level in this valuation. The Central Area continues to attract buyers due to its accessibility, amenities, and lifestyle offerings, contributing to a competitive market environment. As such, properties with remaining leases of 47 years can still command a premium, particularly when they are situated in sought-after locales. This valuation serves as a reflection of both the inherent value of the property and the broader market trends influencing HDB resale prices in the Central Area.