3 Room (3S) HDB for Sale in 328 Ubi Avenue 1

The HDB 3 Room property located in Geylang, with a remaining lease of 58 years, presents an intriguing valuation landscape. Currently estimated at $355,014, equating to $515 per square foot, this valuation signals a notable market trend, as it reflects a premium of 26.8% above the baseline. Such a substantial deviation indicates heightened demand or specific market conditions influencing buyer sentiments in the area, which could be attributed to Geylang's ongoing urban development and its strategic location.

However, it is crucial to address the model’s confidence level, which remains low, primarily due to the limited data pool, with only one recent HDB resale transaction available for analysis in the vicinity. This constraint underscores the volatile nature of the market, where fluctuations can significantly impact property values. As Geylang continues to evolve, potential buyers should remain vigilant regarding market dynamics and lease considerations, ensuring informed decision-making in this competitive real estate environment.