3 Room (3I) HDB for Sale in 3 Beach Road

The valuation of the HDB 3-room unit situated in the Central Area, with a remaining lease of 52 years, stands at an estimated value of $467,237, translating to $639 PSF. This pricing reflects a 3.8% deviation from the baseline market price, indicating a healthy demand and interest in this segment of HDB properties. The Central Area is known for its strategic location and accessibility, factors that contribute significantly to the desirability and resale potential of HDB units within this precinct.

Our analysis is grounded in the examination of 9 recent HDB resale transactions in the vicinity, providing a solid comparative basis for this valuation. While the model confidence is rated as medium, the convergence of market signals suggests a stabilizing trend in HDB prices, reflective of broader economic conditions and demographic shifts within Singapore. The remaining lease of 52 years may present a consideration for prospective buyers; however, the Central Area's enduring appeal often mitigates concerns regarding lease duration, making it an attractive option for both homeowners and investors alike.