3 Room (3I) HDB for Sale in 24 Eunos Crescent

The valuation of the 3-room HDB property located in Geylang, with a remaining lease of 49 years, stands at an estimated value of $246,744, equating to a price per square foot (PSF) of $389. This valuation presents a significant market signal, indicating a price point that is above the market average by approximately 54%. Such a premium suggests a keen interest in the property, reflective of both its strategic location and the desirability of the Geylang area.

Market dynamics play a crucial role in this valuation. The analysis is grounded in recent data, specifically 11 HDB resale transactions within the vicinity, which reinforces the credibility of this estimate despite a medium level of model confidence. The elevated price can be attributed to several factors, including the neighborhood's evolving infrastructure, proximity to amenities, and the inherent appeal of HDB living in a culturally rich district. As the remaining lease of 49 years approaches a critical threshold, potential buyers will need to weigh the long-term investment implications against the current market's buoyancy and the potential for future appreciation.