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

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 51 years, has been estimated at $372,828, translating to a price per square foot (PSF) of $577. This valuation stands significantly above the prevailing market average, reflecting a remarkable 57.7% premium over the baseline. Such a substantial differential indicates strong demand dynamics within this vibrant urban locale, underscoring the desirability of HDB flats in central districts.

The high confidence level in this valuation is supported by a robust dataset of 158 recent HDB resale transactions within the vicinity. This data not only reinforces the valuation accuracy but also suggests a resilient market outlook driven by factors such as limited supply and the ongoing urban development initiatives in the Central Area. As the lease period of 51 years remains relatively advantageous for potential buyers seeking long-term investment opportunities in Singapore’s competitive real estate landscape, this property presents a compelling case for both owner-occupiers and investors alike.