4 Room (4NG) HDB for Rent in 120 Potong Pasir Avenue 1

The valuation of the HDB 4 Room unit located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $546,357, translating to a price per square foot (PSF) of $528. This pricing reflects a market signal indicating a stable condition, as there is no significant deviation from the baseline market price. Such stability can often be indicative of a balanced demand and supply dynamic in this particular segment of the property market.

However, the model confidence associated with this valuation is classified as low, primarily due to the reliance on a limited data set, with only one recent HDB resale transaction in the vicinity to inform this estimate. This scarcity of comparable sales can lead to volatility in perceived value, particularly in a market like Geylang, which is known for its vibrant mix of residential and commercial properties. Prospective buyers should consider the implications of the remaining lease term on future resale value, as properties with shorter leases can often experience diminished appeal and marketability over time.