4 Room (4A) HDB for Sale in 47 Jalan Tiga

The subject HDB 4-room unit located in Geylang, with a remaining lease of 78 years, has been estimated at a value of $970,533, translating to a price per square foot (PSF) of $1,061. This valuation positions the property at a modest 3.7% above the market baseline, suggesting a slight premium reflective of current demand dynamics within the Geylang precinct. The area's vibrant cultural backdrop and accessibility to key amenities continue to bolster its desirability, particularly for families and young professionals seeking urban living.

However, it is important to note that the model confidence in this valuation is classified as low, indicating potential volatility in the market. The analysis is based on three recent HDB resale transactions in the vicinity, which may not fully encapsulate broader market trends. As the remaining lease of the property is a critical factor in its valuation, prospective buyers should consider the implications of lease decay on long-term investment prospects. Understanding these market signals is essential for making informed decisions in a competitive real estate landscape.