3 Room (3STD) HDB for Sale in 11 Upper Boon Keng Road

The valuation of the 3-room HDB property located in Geylang reflects a nuanced understanding of the current market dynamics, particularly given its remaining lease of 48 years. With an estimated value of $284,553, translating to $407 PSF, this property is positioned above the market average, exhibiting a significant 65.2% difference from the baseline. This notable premium suggests a heightened demand for HDB units in this area, which is corroborated by the recent transaction data.

Our analysis, grounded in a robust dataset of 96 recent HDB resale transactions within the vicinity, indicates a strong market confidence with a high model confidence rating. The Geylang area, known for its strategic location and vibrant community, continues to attract buyers, even with the existing lease tenure. This valuation encapsulates the interplay between location desirability, remaining lease length, and current market sentiments, positioning this property as a compelling investment opportunity for discerning buyers looking to navigate the evolving Singapore real estate landscape.