3 Room (3I) HDB for Sale in 264 Waterloo Street

The valuation of the HDB 3 Room unit located in the Central Area reflects a notable estimated value of $426,120, translating to a price per square foot (PSF) of $661. This valuation is positioned significantly above the market baseline, with a striking 56.8% premium, indicating heightened demand and potential buyer enthusiasm in this prime urban locale. Such a substantial deviation from baseline market expectations suggests a unique set of circumstances influencing this property, including its strategic location, which is favored for its accessibility and urban amenities.

However, it is crucial to note that the remaining lease of 51 years introduces an element of risk that may affect long-term investment potential. The model confidence is rated as low, suggesting that the valuation may not be fully representative of market dynamics or may be influenced by limited comparable sales data. Recent HDB resale transactions in the vicinity, which form the basis of this analysis, indicate variability in pricing, underscoring the importance of considering broader market trends and the specific characteristics of each unit. As such, potential investors and stakeholders should exercise due diligence and assess the implications of the remaining lease on their investment horizon.