4 Room (4S) HDB for Sale in 338 Ubi Avenue 1

The valuation of the HDB 4-room property located in Geylang, with a remaining lease of 59 years, stands at an estimated value of $477,263 or $528 PSF. This valuation reflects an above-market signal, indicating a significant 15.2% premium over the baseline price in the area. Such a discrepancy suggests a strong demand for properties in this locality, potentially driven by Geylang's strategic location and vibrant community dynamics, making it an attractive choice for both homebuyers and investors.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which implies a degree of uncertainty surrounding the accuracy of the estimate. This uncertainty arises from the limited data available, drawn from just four recent HDB resale transactions in the vicinity. Buyers should consider the implications of the remaining lease on long-term value appreciation and overall investment viability. As the market continues to evolve, monitoring trends in leasehold properties will be essential for stakeholders looking to navigate the complexities within Singapore's dynamic real estate landscape.