4 Room (4A) HDB for Sale in 104A Bidadari Park Drive

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 93 years, stands at an estimated value of $1,090,940, translating to $1,090 PSF. This valuation is indicative of the property’s strong positioning within the market, reflecting a robust demand for HDB units in this vibrant district. With a market signal indicating a valuation that is 5.3% above the baseline, it is clear that this property is commanding a premium due to its desirable location and the remaining lease period, which offers potential buyers a substantial duration of ownership and utilization.

The model confidence in this valuation is categorized as high, based on a comprehensive analysis of 109 recent HDB resale transactions in the vicinity. This extensive data pool not only reinforces the reliability of the estimated value but also highlights the competitive dynamics present in the Geylang area. The ongoing interest in HDB properties, particularly those with longer remaining leases, underscores a trend where buyers are increasingly seeking stability and long-term investment potential in their real estate acquisitions.