3 Room (3I) HDB for Rent in 9 Holland Avenue

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 41 years, stands at an estimated value of $363,258, translating to a price per square foot (PSF) of $490. This valuation is particularly noteworthy as it indicates a market price that reflects a 0% difference from the baseline, suggesting that the property is positioned at equilibrium within the current market dynamics. The sustained interest in properties within the Central Area, known for its strategic location and urban amenities, plays a pivotal role in maintaining this valuation.

With a medium model confidence derived from an analysis of 9 recent HDB resale transactions in the vicinity, the data suggests a robust market activity that underscores the stability of property values in this segment. The remaining lease of 41 years further highlights an important aspect of HDB valuations, as properties with shorter leases typically face depreciation risks. However, given the central location and the demand for HDB units in this area, this property may continue to appeal to both owner-occupiers and investors alike, ensuring its competitive market stance.