3 Room (3I) HDB for Sale in 21 Ghim Moh Road

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $390,371, translating to $558 per square foot. This figure reflects a significant market signal, indicating that the property is priced above the baseline by 6.3%. Such a premium valuation is noteworthy, especially considering the dynamics of the HDB market in this prime location.

Given the high model confidence derived from analyzing 100 recent HDB resale transactions in the vicinity, this valuation suggests robust demand and a competitive landscape. The remaining lease of 49 years, while falling within the acceptable range for central properties, invites attention to the potential implications for future resale value and buyer appeal. Investors and homeowners alike should consider the interplay of location, lease duration, and market conditions when assessing the long-term viability of this asset in the evolving Singapore real estate landscape.