3 Room (3I) HDB for Rent in 1 Ghim Moh Road

The valuation of the HDB 3 Room property located in the Central Area, with a remaining lease of 48 years, is estimated at $429,863, translating to a price per square foot (PSF) of $573. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is positioned at a competitive price point within the current market landscape. The model confidence is categorized as medium, which implies a reasonable level of certainty in the valuation derived from the analysis of comparable transactions.

Recent data from 9 HDB resale transactions in the vicinity supports this valuation, highlighting the dynamic interplay between supply and demand in the Central Area. With the remaining lease of 48 years, potential buyers must consider the implications of leasehold duration on future resale value and financing options. As the market evolves, the stability indicated by the current pricing may attract discerning buyers looking for investment opportunities within this prime location. Overall, the valuation underscores the resilience of the HDB market in Singapore, particularly in central regions where demand remains robust despite ongoing economic fluctuations.