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

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $528,920, equating to a price per square foot (PSF) of $528. Notably, this valuation is positioned above the market average, reflecting a significant 22.9% premium over the baseline. This elevated valuation indicates a strong demand for properties in the Geylang area, which may be influenced by its strategic location, amenities, and ongoing urban development initiatives that enhance its appeal to prospective buyers.

However, it is essential to approach this valuation with caution, as the model confidence is rated low. This uncertainty arises from the reliance on just one recent HDB resale transaction within the vicinity, which may not adequately represent broader market trends. The limited transactional data could suggest volatility in buyer sentiment, especially given the property’s remaining lease length, which could impact long-term investment considerations. In summary, while the current valuation reflects an attractive market signal, potential buyers should weigh these factors carefully, considering both the dynamics of the Geylang area and the implications of lease duration on future resale value.