3 Room (3I) HDB for Sale in 536 Upper Cross Street

The valuation of the HDB 3-room unit located in the Central Area, with a remaining lease of 51 years, reveals a current estimated value of $408,440, translating to a price per square foot of $632. This valuation is notably positioned above the market, exceeding the baseline by 34.7%. Such a significant premium indicates strong demand dynamics at play within this central locality, where properties tend to attract a diverse demographic of buyers, including young professionals and families seeking proximity to urban amenities.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which implies potential volatility in the pricing derived from just five recent HDB resale transactions in the area. The limited sample size may not adequately reflect broader market trends or fluctuations, particularly considering the remaining lease period of 51 years. Buyers and investors should exercise caution and conduct further due diligence, especially in a market where lease duration can significantly influence property value and resale potential.