4 Room (4A) HDB for Sale in 115A Alkaff Crescent

The valuation of the HDB 4 Room unit in Geylang, with a remaining lease of 92 years, stands at an estimated value of $1,087,236, translating to $1,086 PSF. This price point indicates a significant market signal, as it is situated 11.2% above the baseline valuation for comparable properties in the area. Such a premium reflects not only the desirability of the Geylang locale, known for its vibrant culture and accessibility, but also the robustness of the current HDB resale market dynamics in Singapore.

Our analysis, supported by data from 152 recent HDB resale transactions within the vicinity, demonstrates a high model confidence in this valuation. The ongoing demand for properties with extended lease terms, such as this 92-year remaining lease, enhances the investment appeal for potential buyers, particularly in a market where lease decay is a critical consideration. As Geylang continues to evolve with urban developments and infrastructure improvements, this HDB unit stands out as a competitive asset, reinforcing its above-market valuation amidst a backdrop of increasing interest in well-located, lease-stable properties.