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

The current valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 52 years, stands at approximately $467,237, translating to $639 PSF. This valuation reflects a market price that exhibits a 3.8% difference from the baseline, indicating a moderately stable demand within this segment of the market. The Central Area, known for its strategic location and accessibility, continues to attract buyers, albeit with a cautious outlook given the limited remaining lease period.

Market indicators derived from nine recent HDB resale transactions in the vicinity suggest a medium confidence level in this valuation. The properties in this locality typically experience fluctuations influenced by both macroeconomic factors and the specific dynamics of the HDB resale market. The remaining lease of 52 years is a critical consideration for potential buyers, as it may influence future resale opportunities and overall investment viability. As such, while the valuation appears robust, it is essential for prospective investors to weigh the implications of lease duration against current market trends and projected future demand.