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

The valuation of the HDB 3-room property located in the Central Area, with a remaining lease of 75 years, has been assessed at an estimated value of $554,777, translating to a premium rate of $832 PSF. This valuation is positioned significantly above the market baseline, reflecting a remarkable 26% premium compared to similar properties in the vicinity. Such a disparity signals robust demand dynamics in this coveted locale, where accessibility and urban amenities are paramount.

Our analysis, grounded in the review of 158 recent HDB resale transactions in the area, indicates a high model confidence in this valuation. The Central Area's appeal, characterized by its vibrant infrastructure and proximity to key commercial hubs, underpins the sustained interest from buyers. The remaining lease of 75 years further enhances the property's attractiveness, ensuring that it remains a viable asset for both investment and long-term residency. Given these factors, this HDB unit exemplifies a strategic acquisition for discerning buyers seeking to capitalize on the unique market dynamics of Singapore's evolving real estate landscape.