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

The valuation of the HDB 3 Room property located in Geylang, with a remaining lease of 92 years, stands at an estimated value of $818,113, translating to a price per square foot (PSF) of $1,135. This valuation reflects a market signal with a mere 2.2% deviation from the baseline, indicating a stable demand trajectory within this vibrant district. Such minor fluctuations suggest a resilient market environment, reinforcing the notion that Geylang remains a sought-after locale for potential homeowners and investors alike.

The high model confidence, derived from an analysis of 67 recent HDB resale transactions in the vicinity, further corroborates the accuracy of this valuation. The data illustrates a strong correlation between the property’s pricing and prevailing market sentiments, ensuring that buyers can approach this opportunity with a noteworthy degree of assurance. As the Geylang area continues to evolve, characterized by its unique blend of heritage and modernity, the enduring appeal of properties within this neighborhood is expected to sustain its value over the long term, particularly given the substantial remaining lease of 92 years.