5 Room (5I) HDB for Sale in 21 Holland Drive

The valuation of the HDB 5-room property located in the Central Area, with a remaining lease of 47 years, stands at an estimated value of $970,287, translating to $771 PSF. This valuation reflects a stable market condition, with the market price showing a 0% difference from the baseline. Such stability in pricing indicates a consistent demand for HDB properties in prime locations, despite the inherent lease decay associated with the remaining 47 years.

With a robust model confidence level categorized as High, this valuation is supported by a comprehensive analysis of 47 recent HDB resale transactions in the vicinity. The data suggests that buyers are currently valuing properties in the Central Area at a premium, driven by both the accessibility and the vibrancy of the urban environment. It is crucial for potential investors and homeowners to consider the implications of the shorter lease term on their long-term investment strategy, as properties with less than 60 years of lease remaining typically attract more cautious buyer sentiment, although the allure of the Central Area may mitigate this concern.