Common Room (HDB) for Rent in 4 Ghim Moh Road

The valuation of the HDB 3-room unit in the Central Area, with a remaining lease of 49 years, stands at an estimated value of $394,192, translating to $563 per square foot (PSF). This valuation reflects a stable market signal, indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market trends. The consistent price point underscores the resilience of the HDB market within the Central Area, often regarded as a desirable location due to its proximity to amenities, transport links, and urban conveniences.

Our analysis is grounded in recent transactional data, drawing insights from 14 comparable HDB resale transactions in the vicinity. While the model confidence is classified as medium, this suggests a balanced outlook, factoring in both the property’s lease tenure and the overall demand dynamics in the area. With a remaining lease of 49 years, potential buyers may weigh the longevity of tenure against investment potential. As the market continues to adapt to economic shifts, this property exemplifies the critical intersection of location, lease duration, and market sentiment in Singapore's ever-evolving real estate landscape.