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, stands at an estimated value of $372,828, translating to a price per square foot (PSF) of $577. This figure positions the property significantly above the market baseline, showcasing a remarkable 57.7% difference. Such a premium valuation indicates robust demand and desirability for real estate within this prestigious locale, often characterized by its proximity to key amenities, transport links, and vibrant urban living.

Our analysis is grounded on a comprehensive review of 158 recent HDB resale transactions in the vicinity, which reinforces our high model confidence in this valuation. The Central Area's real estate dynamics, coupled with a dwindling supply of available HDB units as the lease term diminishes, contribute to a competitive market environment. Investors and homebuyers alike are increasingly drawn to properties with substantial lease periods remaining, which further accentuates the significance of this valuation in relation to prevailing market trends and buyer sentiment.