3 Room (3I) HDB for Sale in 19 Eunos Crescent

This valuation report presents an analytical overview of a 3-room HDB unit located in the vibrant Geylang district, which is currently estimated at $271,742, translating to $388 PSF. The property boasts a remaining lease of 49 years, a critical factor influencing its valuation and market appeal. Given the current market dynamics, this valuation reflects a premium position, with the estimated value showing a significant market signal of 41.7% above the baseline for similar properties in the area.

The model's confidence level is categorized as medium, indicating a reliable but cautious assessment based on the analysis of 13 recent HDB resale transactions within the vicinity. This robust dataset aids in understanding the local market trends and demand, which are crucial for potential buyers and investors. The elevated valuation suggests a strong demand for HDB properties in Geylang, likely driven by its strategic location and amenities, despite the property having a remaining lease that may concern some prospective buyers. As the market continues to evolve, this analysis underscores the importance of lease tenure in HDB valuations and the ongoing dynamics that shape buyer sentiment in this competitive segment.