3 Room (3I) HDB for Sale in 4 Haig Road

The valuation of the HDB 3-room unit located in Geylang, with a remaining lease of 49 years, stands at an estimated value of $366,166, translating to $523 PSF. This valuation reflects a significant premium, positioning the property above the market baseline by 13.3%. Such a divergence from the typical market price may suggest a unique set of dynamics at play, potentially driven by the area's desirability, amenities, and proximity to key urban infrastructure.

However, it is essential to note that the model confidence for this valuation is classified as low, derived from an analysis of merely six recent HDB resale transactions in the vicinity. This limited dataset may imply potential volatility or inconsistency in the market, which could influence future resale values. Investors and potential buyers should consider the implications of the remaining lease period, as properties nearing the end of their lease may experience challenges in appreciation. Thus, while the current valuation indicates a robust market signal, thorough due diligence is recommended to navigate the complexities of Geylang's evolving real estate landscape.