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

The valuation of the HDB 3-room property located in the Central Area, with a remaining lease of 51 years, stands at approximately $419,514, translating to a price per square foot (PSF) of $661. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in this prime location. The Central Area, known for its vibrant urban lifestyle and proximity to key amenities, typically attracts homebuyers looking for both convenience and investment potential.

However, it is important to note that the model confidence for this valuation is classified as low. This suggests a degree of uncertainty in the market dynamics surrounding this property, which is further substantiated by the limited dataset of only three recent HDB resale transactions in the vicinity. While the current valuation aligns with market expectations, prospective buyers should remain vigilant regarding fluctuations in demand and the impact of the remaining lease period on future resale potential. An in-depth analysis of the broader market trends and local economic factors will be essential for making informed investment decisions in this unique segment of the HDB market.