3 Room (3A) HDB for Sale in 183C Woodlands Street 13

This valuation report focuses on a 3-room HDB unit located in the highly sought-after Woodlands area, featuring a remaining lease of 91 years. The estimated value of the property stands at $565,180, translating to a price per square foot (PSF) of $773. This valuation is underpinned by robust market analysis and reflects a market price that is only 2.6% higher than the baseline, indicating a stable yet competitive pricing environment in the vicinity.

The model confidence for this valuation is rated as high, owing to the analysis of 156 recent HDB resale transactions in the area. This substantial dataset allows for a nuanced understanding of the local market dynamics, which are characterized by a consistent demand for HDB units in Woodlands. The remaining lease period of 91 years adds a layer of appeal, as properties with longer leases typically attract a broader range of buyers, thereby enhancing market resilience. As such, this valuation not only highlights the intrinsic value of the property but also underscores the favorable leasing dynamics that underpin its market appeal.