3 Room (3I) HDB for Sale in 1 Tanjong Pagar Plaza

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 50 years, is estimated at $390,265, translating to a price per square foot (PSF) of $615. This valuation is notably above the market baseline, reflecting a substantial 40.9% premium compared to typical market rates within the region. Such a significant deviation indicates a strong demand for HDB properties in this prime location, driven by its accessibility to amenities and transport links that appeal to both young professionals and families alike.

Market signals suggest a robust interest in HDB properties within the Central Area, as evidenced by the analysis of 9 recent resale transactions in the vicinity. The medium confidence level associated with this valuation underscores some variability in market conditions but reinforces the perception of a thriving real estate environment. Buyers seeking properties with a strategic location will find that the remaining lease of 50 years offers a reasonable investment horizon, balancing the potential for appreciation with the implications of lease decay over time in the HDB market.