3 Room HDB for Sale in 101A Bidadari Park Drive

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 93 years, stands at an estimated value of $839,071 or $1,146 PSF. This valuation is underpinned by a robust analysis of the local market, which has exhibited a 2.5% differential from the baseline price, indicating a healthy, competitive environment for HDB properties in this vibrant district. Geylang, known for its rich cultural tapestry and strategic location, continues to attract both homeowners and investors alike, bolstering demand for HDB units.

The model confidence in this valuation is categorized as high, supported by an analysis of 45 recent HDB resale transactions within the vicinity. These transactions not only provide a solid empirical foundation for the valuation but also reflect the increasing desirability of Geylang as an accessible urban hub. The remaining lease of 93 years adds significant value, as properties with extended leases are often viewed more favorably by potential buyers, thereby enhancing the long-term investment appeal of this HDB unit.