3 Room (3I) HDB for Sale in 13 Holland Drive

The valuation of this 3-room HDB property located in the Central Area of Singapore, with a remaining lease of 47 years, reveals a robust estimated value of $371,950, translating to an impressive $531 per square foot. This valuation is positioned significantly above the market baseline, reflecting a notable 34.4% premium. The high confidence level assigned to this model indicates a strong alignment with current market dynamics and buyer sentiment in the vicinity, underscored by the analysis of 85 recent HDB resale transactions.

In the context of Singapore’s evolving real estate landscape, this valuation signals a heightened demand for HDB properties in central locations, driven by their proximity to urban amenities and essential services. The extended lease period of 47 years adds a layer of security for potential buyers, making it an attractive prospect despite the natural depreciation associated with leasehold properties. This trend emphasizes the resilience of well-located HDBs, which continue to appreciate in value even amidst broader economic fluctuations.