4 Room (4A) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 4-room property located in the vibrant locale of Geylang stands at an estimated value of $1,088,985, translating to approximately $1,088 PSF. This valuation reflects a mere 1% deviation from the baseline market price, indicating a robust alignment with current market trends. The property benefits from a substantial remaining lease of 92 years, which is a significant factor contributing to its desirability and sustained valuation stability. In an environment where leasehold duration critically influences buyer sentiment, this extended lease positions the property favorably within the competitive landscape of HDB transactions.

Our analysis is grounded in data derived from 146 recent HDB resale transactions in the vicinity, providing a comprehensive view of market dynamics. The high model confidence underscores the reliability of the valuation, as it is reflective of current demand and supply metrics in Geylang. With ongoing urban development initiatives and a growing preference for central living, Geylang remains an attractive choice for both homeowners and investors. The property’s value is likely to appreciate further, driven by its strategic location and the enduring appeal of HDB living in Singapore.