3 Room (3S) HDB for Sale in 9 Selegie Road

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 36 years, has been estimated at $266,388, translating to a price per square foot (PSF) of $443. This valuation reflects a substantial market signal, indicating a premium of 64.8% above the baseline value. Such a notable discrepancy suggests heightened demand for properties in this central locale, fueled by its strategic location and accessibility to key amenities, which are highly sought after by potential buyers.

Furthermore, the model confidence for this valuation is categorized as medium, derived from an analysis of nine recent HDB resale transactions within the vicinity. The data points to a robust market dynamic where properties in the central region are increasingly commanding higher prices, despite the remaining lease period. This trend underscores the importance of location in real estate, as buyers are often willing to pay a premium for the lifestyle and convenience associated with central living. As the market continues to evolve, this property remains a compelling investment opportunity, reflecting the ongoing desirability of HDB units in Singapore's core areas.