3 Room (3A) HDB for Rent in 21 Ghim Moh Road

The valuation of the 3-room HDB unit located in the Central Area, with a remaining lease of 50 years, stands at an estimated value of $402,001, translating to a price per square foot (PSF) of $575. This valuation reflects a significant equilibrium in the market, as indicated by a 0% difference from the baseline price. Such stability suggests that demand and supply for HDB properties in this prime location are currently well-matched, making it an attractive proposition for potential buyers seeking to invest in a centrally located asset.

With a robust model confidence rating of high, this valuation is substantiated by an analysis of 108 recent HDB resale transactions within the vicinity. The Central Area is known for its strategic location, accessibility, and vibrant community, which are key factors influencing property values. The remaining lease of 50 years provides a substantial window for residential living and investment, while maintaining a competitive edge in the broader market dynamics. As urban development continues to evolve, this property represents not only a home but also a valuable asset in a rapidly appreciating market.