4 Room (4A) HDB for Sale in 118A 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 $1,089,560, translating to $1,088 PSF. This figure is indicative of a robust market environment, reflecting a mere 2.8% difference from the baseline market price. Such a minimal variance suggests strong demand and competitive pricing in Geylang, a neighborhood known for its vibrant cultural tapestry and strategic location within Singapore.

Our analysis, grounded in a comprehensive review of 138 recent HDB resale transactions in the vicinity, reinforces the confidence in this valuation, which is categorized as having a high model confidence. The area's market dynamics are characterized by a steady appreciation in property values, driven by its accessibility and the desirability of HDB living amidst urban amenities. With the remaining lease of 92 years, potential buyers are afforded the advantage of long-term occupancy, ensuring the property remains a compelling investment opportunity in a competitive real estate market.