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

The current valuation for the 3-room HDB property located in the Central Area is estimated at $467,237, translating to a price per square foot (PSF) of $639. With a remaining lease of 52 years, this property holds a valuable position within a highly sought-after locale, which is indicative of the ongoing demand for HDB units in urban settings. The valuation reflects a 3.8% deviation from the baseline market price, suggesting a moderate but steady appreciation in value amidst fluctuating market conditions.

Analysis based on 9 recent resale transactions in the vicinity supports a medium level of confidence in this valuation. The Central Area continues to showcase resilience in the property market, driven by proximity to essential amenities and transportation networks. While the remaining lease is a critical factor to consider, the strategic location and the dynamic nature of the surrounding real estate can mitigate risks associated with lease tenure. As such, buyers and investors should remain vigilant, recognizing both the opportunities and challenges presented by the current market dynamics.