3 Room (3NG) HDB for Rent in 112 Aljunied Crescent

In the vibrant precinct of Geylang, the valuation of a 3-room HDB flat with a remaining lease of 52 years is estimated at $365,421, translating to a price per square foot (PSF) of $497. This valuation reflects a market price that remains stable, showing a 0% difference from the baseline. Such stability in pricing signals a period of equilibrium within the local HDB market, likely influenced by a combination of factors including demand-supply dynamics and buyer sentiment in this sought-after location.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting that external market conditions and the specific characteristics of the property may contribute to a degree of unpredictability in price movements. The assessment is informed by only four recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends or fluctuations. As Geylang continues to evolve, potential buyers and investors should remain vigilant of leasehold considerations, as the remaining lease of 52 years inherently influences long-term investment viability and resale potential.