4 Room (4A) HDB for Rent in 120 Potong Pasir Avenue 1

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $607,651, translating to a price per square foot (PSF) of $528. This valuation reflects the current market price, indicating no significant deviation from the baseline. Such stability in pricing suggests a balanced market environment, where supply and demand are in equilibrium, particularly for properties within the region.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset available for analysis, with only one recent HDB resale transaction in the vicinity. This scarcity of transaction data may not fully encapsulate the nuanced market dynamics at play, including the potential impact of the remaining lease duration on buyer sentiment and investment viability. As Geylang continues to evolve as a mixed-use neighborhood, the interplay between lease length and market demand will be critical in shaping future valuations for HDB properties in this locale.