3 Room (3NG) HDB for Rent in 113 Potong Pasir Avenue 1

The valuation of the HDB 3 Room unit located in the vibrant district of Geylang, with a remaining lease of 57 years, stands at an estimated value of $386,848, translating to $537 PSF. This valuation reflects a strong alignment with the current market price, indicating a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply dynamic in the HDB resale market, particularly in this sought-after area known for its rich cultural tapestry and strategic connectivity.

The model confidence for this valuation is categorized as high, bolstered by a robust dataset comprising 90 recent HDB resale transactions in the vicinity. This extensive analysis underpins the reliability of the estimated value, taking into account various market signals such as location desirability, property condition, and lease tenure. As the remaining lease of 57 years continues to be a critical factor for potential buyers, it is essential to consider the implications of lease decay on future resale potential and investment viability.