3 Room (3A) HDB for Sale in 15 Farrer Park Road

The valuation of the HDB 3-room property situated in the Central Area, with a remaining lease of 75 years, is pegged at an estimated value of $554,777, translating to a remarkable $832 per square foot (PSF). This valuation is particularly notable given that it is positioned above the market baseline by 26%, indicative of a strong demand for properties in this coveted location. The Central Area, characterized by its accessibility and proximity to key amenities, continues to attract discerning buyers, thus fueling a premium pricing trajectory.

With a model confidence rating classified as High, this valuation is bolstered by a robust dataset, drawing insights from 158 recent HDB resale transactions in the vicinity. The significant premium reflects the competitive nature of the market, where limited supply and high buyer interest converge, especially for properties with substantial remaining leases. As the landscape evolves, this HDB unit exemplifies the potential for long-term value retention, making it an attractive investment for both homeowners and investors alike.