3 Room (3A) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 3-room unit in Geylang, with an estimated value of $884,139 or $1,141 PSF, reflects a robust demand in this vibrant district. The remaining lease of 92 years provides a significant advantage, appealing to both owner-occupiers and investors seeking long-term stability. The properties in Geylang are often recognized for their proximity to essential amenities and transportation networks, contributing to a sustained interest in the area.

With a market signal indicating a 0.7% difference from the baseline, the valuation aligns closely with prevailing market trends, suggesting a stable pricing environment. The high model confidence, derived from a comprehensive analysis of 60 recent HDB resale transactions in the vicinity, underscores the reliability of this estimate. As the market continues to evolve, this property remains a compelling option, balancing affordability with the potential for value appreciation over its substantial remaining lease.