4 Room (4NG) HDB for Sale in 115 Potong Pasir Avenue 1

The valuation of this 4-room HDB unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $510,000, translating to a price per square foot (PSF) of $509. This valuation is notably above the market baseline, reflecting a substantial 19.2% premium compared to similar transactions in the area. This elevated price point is indicative of strong demand for HDB properties in Geylang, a locality known for its vibrant cultural landscape and proximity to key urban amenities.

The model confidence in this valuation is high, supported by a robust dataset of 142 recent HDB resale transactions in the vicinity. This analytical confidence underscores the stability and resilience of the Geylang property market, particularly amidst the backdrop of an evolving urban landscape in Singapore. As leasehold properties like this one approach their mid-life stage, the interplay of remaining lease duration and market demand becomes critical in influencing value. Investors and homeowners alike should take note of these dynamics, as they signal a competitive edge for listings within this desirable enclave.