4 Room (4S) HDB for Sale in 320 Ubi Avenue 1

The valuation of the 4-room HDB unit located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $453,816, translating to a price per square foot (PSF) of $502. This valuation reflects a significant market signal, indicating a premium of 21.2% above the baseline, suggesting that this property commands a higher price point compared to the prevailing market conditions in the area. Such a pronounced uplift in valuation may be attributed to various localized factors, including demand dynamics and the unique characteristics of the Geylang precinct.

However, it is essential to note that the model confidence for this valuation remains low, primarily derived from a limited dataset of only seven recent HDB resale transactions within the vicinity. This lack of robust transactional data could potentially skew the valuation accuracy, necessitating a careful approach when interpreting these figures. Investors and buyers should be mindful of the implications of the remaining lease period, as properties with a shorter lease may face increased scrutiny in terms of future marketability and financing options. Thus, while the property presents an attractive investment opportunity, potential buyers should conduct thorough due diligence to navigate the complexities of the HDB market effectively.