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

In the heart of Geylang, the valuation for the HDB 3-room unit stands at an estimated value of $842,096, translating to a price per square foot of $1,150. This valuation reflects the property’s remaining lease of 92 years, an essential factor that contributes significantly to its market appeal and long-term investment potential. The substantial remaining lease not only enhances buyer confidence but also aligns with the increasing demand for long-lease properties in Singapore, particularly in vibrant locales like Geylang.

The current market price exhibits a modest 3.1% difference from the baseline, indicating a stable yet competitive market environment. This slight premium is underpinned by robust demand, as evidenced by the analysis of 71 recent HDB resale transactions in the vicinity, which demonstrates a high model confidence in the valuation process. With a diverse array of amenities and excellent connectivity, Geylang continues to attract discerning buyers, reinforcing the notion that this HDB unit is not just a home, but a strategic investment within a dynamic real estate landscape.