3 Room (3NG) HDB for Rent in 6 Holland Close

The valuation of this HDB 3 Room property in the Central Area, with a remaining lease of 46 years, is pegged at an estimated value of $70,856, translating to a price per square foot (PSF) of $549. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable market condition in this prime locale. Such stability suggests that the demand for HDB units in central regions remains resilient, even in the face of broader economic fluctuations.

Our analysis, based on nine recent resale transactions within the vicinity, yields a medium confidence level, indicating that while the data supports the current valuation, there are inherent variables in the market that could influence future pricing. The remaining lease of 46 years is a critical factor in this assessment; properties with shorter leases can often experience depreciation in value, especially in a competitive market. However, the strong demand in central areas typically mitigates this risk, as the location continues to attract both owner-occupiers and investors alike. Overall, the current valuation reflects both the intrinsic value of the property and the prevailing market dynamics, positioning this HDB unit as a potentially sound investment opportunity.