3 Room (3I) HDB for Sale in 1 Ghim Moh Road

The valuation of the HDB 3 ROOM unit located in the Central Area, with a remaining lease of 48 years, has been assessed at an estimated value of $430,791, translating to a price per square foot (PSF) of $527. This valuation positions the property notably above the market average, reflecting an 18.4% premium compared to baseline figures derived from extensive market analysis. The high confidence level of this model indicates a robust alignment with current market dynamics, bolstered by the consideration of 155 recent HDB resale transactions in the vicinity.

Such a significant valuation premium is indicative of strong demand within the Central Area, a locale characterized by its strategic location and accessibility. The remaining lease of 48 years is a critical factor influencing buyer sentiment, as properties in prime locations tend to retain value despite shorter leases. As urban regeneration continues to reshape Singapore's landscape, this HDB unit not only represents a sound investment opportunity but also underscores the resilience of the local housing market amidst evolving economic conditions.