3 Room (3A) HDB for Sale in 102 Potong Pasir Avenue 1

The valuation of the 3-room HDB property located in Geylang, with a remaining lease of 56 years, reflects a notable market signal characterized by an estimated value of $383,079, translating to a price per square foot (PSF) of $481. This valuation stands above the market baseline by an impressive 61.8%, indicating a heightened demand for properties in this vibrant and culturally rich district of Singapore. Such a premium suggests that potential buyers are willing to invest significantly more than the average market rate, likely driven by Geylang's strategic location and accessibility to key amenities.

However, it is crucial to consider the low confidence level associated with this valuation model, which is based on only three recent HDB resale transactions in the vicinity. This limited data pool may not fully encapsulate the current market dynamics and sentiment. As the remaining lease of 56 years is a critical factor in HDB valuations, prospective buyers should weigh the implications of lease duration alongside overall market trends. The interplay between lease tenure and market appetite could influence future pricing trajectories, making it imperative for stakeholders to remain vigilant in monitoring ongoing developments in the Geylang area.