3 Room (3NG) HDB for Sale in 204 Marsiling Drive

The valuation of the HDB 3 Room unit in Woodlands, with a remaining lease of 54 years, stands at an estimated value of $345,667, translating to approximately $392 per square foot. This assessment places the property above the current market baseline by 15.4%, indicating a robust demand for housing in the area despite the decreasing lease term. The elevated valuation can be attributed to several dynamic factors influencing the Woodlands property market.

Analyzing the recent transactions, our model is based on data from 10 recent HDB resale transactions within the vicinity, which supports the valuation's credibility. The medium confidence level reflects a blend of market activity and the unique characteristics of the property, including its strategic location and accessibility. As the Woodlands region continues to evolve with infrastructural developments and enhanced connectivity, the premium placed on this unit may signify a growing investor confidence and a shift in buyer preferences towards properties with substantial future potential, despite the shorter lease tenure.