3 Room (3A) HDB for Sale in 121 Potong Pasir Avenue 1

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $375,450, translating to a price per square foot (PSF) of $465. This figure notably positions the property above the market average, exhibiting a substantial 56.6% difference from the baseline valuation. Such a premium in pricing suggests strong demand dynamics within this locality, often driven by Geylang's strategic location and the ongoing interest from both homeowners and investors seeking rental opportunities in this vibrant district.

However, it is essential to approach this valuation with caution, as the model confidence is categorized as low, primarily due to the reliance on a singular recent resale transaction in the vicinity. This limited data can result in fluctuations in perceived value, particularly in a market that is sensitive to broader economic conditions and changes in consumer sentiment. As such, potential buyers should consider the longevity of the remaining lease and weigh the desirability of the location against the inherent risks associated with low transaction volume in the area.