Master Room (HDB) for Rent in 15 Beach Road

The valuation of the 3-room HDB in the Central Area is indicative of the current market dynamics, particularly in light of the remaining lease of 48 years. With an estimated value of $449,571, translating to $543 per square foot, this property aligns closely with the baseline market price, exhibiting a 0% difference. This stability in pricing suggests a balanced demand and supply scenario in the Central Area, a highly sought-after locale that consistently attracts buyers looking for both investment opportunities and residential comfort.

Given the model confidence level categorized as high, our analysis is reinforced by data derived from 91 recent HDB resale transactions within the vicinity. This robust data set underscores the property's valuation, reflecting not only the intrinsic value of the unit itself but also the broader market sentiment. The remaining lease of 48 years, while a critical factor, is mitigated by the property's prime location, which typically commands a premium due to its accessibility and proximity to essential amenities and transportation hubs. As such, prospective buyers should consider the long-term potential of this asset within the evolving landscape of Singapore's real estate market.