4 Room (4NG) HDB for Sale in 121 Paya Lebar Way

The valuation of the HDB 4 Room property in Geylang, with a remaining lease of 52 years, reflects an estimated value of $391,112, translating to approximately $400 per square foot. This valuation positions the property at a significant premium, exceeding the baseline market value by 40.6%. Such a market signal indicates a robust demand within the Geylang enclave, which is characterized by its strategic location and vibrant community amenities. The elevated price point suggests that buyers are willing to invest more for the perceived value of living in this sought-after area.

Analyzing the data from 14 recent HDB resale transactions in the vicinity, the model confidence remains medium, indicating a fair degree of reliability in the valuation amid fluctuating market conditions. The strong performance of this property type suggests that despite the diminishing lease term, factors such as location, accessibility, and community developments continue to play a pivotal role in driving market interest. Buyers are increasingly prioritizing these attributes, which may further enhance the potential for appreciation in value as the urban landscape of Geylang evolves.