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

The valuation of the HDB 3-room property located in the Central Area reflects a noteworthy estimated value of $383,939, translating to $549 per square foot. This valuation emerges amidst a backdrop of a remaining lease of 46 years, which is a critical factor influencing both market perception and investment viability. Such a lease duration is significant within the context of Singapore's dynamic real estate landscape, where leasehold properties often experience varied demand based on their remaining tenure.

Market analysis indicates that this property is currently priced 40.1% above the baseline, signaling a robust demand in the vicinity. This premium suggests that buyers are willing to invest above the conventional market rates, likely driven by the property's strategic location in a sought-after central locale. The model confidence is rated as medium, based on an examination of 9 recent HDB resale transactions in the area. This indicates a degree of variability in market conditions, yet the sustained interest in central properties underscores the enduring appeal of urban living in Singapore's real estate market.