4 Room (4NG) HDB for Sale in 10 Pine Close

The valuation of the HDB 4-room property located in Geylang reflects a premium positioning within the current market landscape, with an estimated value of $514,576 or $514 PSF. This valuation is notably above the market baseline by 24.4%, indicating a strong demand for HDB properties in this vibrant district. The remaining lease of 54 years is a crucial factor influencing this valuation, as properties with more extended leases tend to command higher prices due to their perceived longevity and investment potential.

Our analysis is based on data from 11 recent HDB resale transactions in the vicinity, providing a reliable benchmark for appraisal. The medium confidence level in this model suggests a balanced market dynamic, where demand is likely driven by Geylang's strategic location and evolving urban development. As such, potential buyers should consider the unique characteristics of this property, alongside the broader market trends, when assessing its investment viability. The interplay between lease duration and market pricing highlights the need for discerning analyses in property valuation, particularly in a competitive urban environment like Singapore.