3 Room (3I) HDB for Rent in 4 Tanjong Pagar Plaza

The valuation of the HDB 3-room unit located in the Central Area stands at an estimated value of $374,311, translating to a price per square foot (PSF) of $624. This assessment comes with a remaining lease of 50 years, which is a critical factor in evaluating the long-term investment potential of the property. The current market price reflects a precise alignment with the baseline, indicating that the unit is valued accurately within the current marketplace. Such a stable market signal suggests a balanced demand and supply scenario, as evidenced by the recent HDB resale transactions in the vicinity.

With a model confidence rating of medium, the valuation is supported by an analysis of ten recent transactions, which provides a reliable benchmark for comparable properties. The Central Area's dynamic real estate landscape, characterized by its proximity to key amenities and employment hubs, contributes to the enduring appeal of HDB units in this locale. Buyers considering this property should be cognizant of the implications of the remaining lease period, as it may influence future resale value and investment returns. Overall, this HDB unit represents a compelling opportunity within Singapore’s vibrant housing market, particularly for those seeking a foothold in a highly sought-after area.