4 Room (4STD) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 4 Room property located in Geylang, with a remaining lease of 92 years, stands at an estimated value of $1,088,985, translating to a price per square foot (PSF) of $1,088. This valuation is notably positioned above the market average, reflecting a 5.6% premium compared to the baseline. Such a robust valuation signals strong buyer interest and demand in this vibrant locality, which is underpinned by the area's strategic location and amenities.

Our analysis is based on a comprehensive review of 146 recent HDB resale transactions in the vicinity, yielding a high model confidence in the accuracy of this valuation. The sustained interest in Geylang, coupled with its unique blend of cultural heritage and urban conveniences, contributes to its desirability among homebuyers. As the real estate market continues to evolve, properties like this HDB unit are expected to benefit from the long remaining lease, making them an attractive option for both homeowners and investors seeking stability and growth in their portfolio.