3 Room (3S) HDB for Sale in 305 Ubi Avenue 1

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 73 years, stands at an estimated value of $509,076, translating to $751 per square foot (PSF). This pricing reflects a significant premium over the baseline market value, showcasing a notable 17.7% increase. Such a discrepancy indicates that the property is positioned above market expectations, potentially driven by unique locational attributes and demographic demand in the Geylang district.

However, it is essential to approach this valuation with caution, as the model confidence is classified as low. The analysis is predominantly based on a limited dataset, with only one recent HDB resale transaction in the vicinity serving as a reference point. This scarcity of comparable sales data introduces a degree of uncertainty into the valuation, suggesting that while the property may hold intrinsic value due to its lease tenure and location, the market dynamics may not yet fully support such a pronounced premium. Investors and potential buyers should consider these factors carefully while navigating the evolving real estate landscape in Geylang.