4 Room (4A) HDB for Sale in 15 Joo Seng Road

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $520,244, translating to a price per square foot (PSF) of $474. This valuation reflects a significant premium, with the property priced approximately 34.6% above the market baseline. Such a notable deviation suggests a strong demand for properties in this locality, potentially driven by Geylang's strategic location and vibrant community dynamics.

However, it is essential to note that the model confidence in this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent resale transaction in the vicinity to inform this estimate. This lack of robust comparative data may introduce volatility into the valuation, emphasizing the necessity for potential buyers and investors to exercise caution. As the remaining lease is a critical factor in HDB valuations, the 57-year lease term could also influence buyer sentiment and market perception, particularly among those who may prioritize longer lease tenures for investment stability.