4 Bed Bungalow (Landed) for Sale in Jalan Selamat

The valuation of the HDB Executive unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $1,754,542, translating to $702 PSF. This figure reflects a significant premium, as it is noted to be 344.6% above the baseline market valuation for similar properties in the area. Such a marked deviation from the baseline indicates a robust demand for HDB properties in this locale, driven by various factors including proximity to essential amenities, transportation links, and the overall desirability of Geylang as a residential district.

The high model confidence rating, derived from an analysis of 37 recent HDB resale transactions within the vicinity, further substantiates this valuation. This confidence suggests that the current market dynamics are favoring sellers, likely due to the limited supply of HDB Executive units and an influx of buyers seeking quality housing options. As the remaining lease of 75 years still offers a substantial living term, potential buyers may perceive this property as a sound long-term investment, thereby driving its value upwards even further.