3 Room (3A) HDB for Sale in 139 Potong Pasir Avenue 3

The recent valuation of the 3-room HDB property located in Geylang, with a remaining lease of 57 years, has been estimated at $446,665, translating to a price per square foot of $560. This valuation is indicative of a robust demand in the Geylang area, as it reflects a significant premium over the baseline market value, with a notable 38.8% difference. Such a market signal suggests that buyers are willing to invest substantially more than the average, which could be attributed to the area's strategic location, vibrant community, and potential for future appreciation.

The model confidence level for this valuation is categorized as high, bolstered by a comprehensive analysis of 87 recent HDB resale transactions in the vicinity. This dataset not only reinforces the credibility of the valuation but also highlights the competitive nature of the Geylang property market. As the remaining lease stands at 57 years, prospective buyers should weigh their investment against both the current market dynamics and the long-term implications of leasehold properties in Singapore, where the interplay between remaining lease duration and property value is crucial for future capital appreciation.