3 Room (3NG) HDB for Rent in 120 Potong Pasir Avenue 1

The valuation of the HDB 3 Room property located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $391,779, translating to a price per square foot (PSF) of $543. This valuation reflects a strategic alignment with the current market price, indicating a 0% difference from the baseline. Such stability in pricing is indicative of a resilient market, where the demand for HDB properties remains steady despite varying economic conditions.

Our analysis is based on a comprehensive review of 90 recent HDB resale transactions in the vicinity, which bolsters the model's confidence level to high. The Geylang area, known for its vibrant character and accessibility, continues to attract potential buyers, contributing to a robust market for HDB flats. These dynamics suggest that properties with a remaining lease of over 50 years are still considered desirable, as buyers recognize the value in both the location and the potential for future appreciation. The stable valuation in this context emphasizes the importance of location and market sentiment in Singapore's evolving real estate landscape.