3 Room (3I) HDB for Rent in 2 Holland Avenue

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 47 years, stands at an estimated value of $415,955, translating to a price per square foot (PSF) of $578. This assessment is grounded in a comprehensive analysis of local market trends, drawing insights from nine recent HDB resale transactions within the vicinity. The current market price indicates a 0% difference from the baseline, suggesting that the property's valuation is well-aligned with prevailing market conditions.

With a medium confidence level in this model, it is essential to consider the implications of the remaining lease period on the property's value. Properties in the Central Area typically command a premium due to their strategic location and accessibility, yet the diminishing lease term can weigh on potential buyer sentiment and pricing dynamics. As the market continues to evolve, prospective buyers and investors should remain vigilant to fluctuations in demand and supply, particularly in light of the broader economic landscape and housing policies that may influence HDB resale values in the coming years.