5 Bed Corner Terrace (Landed) for Sale in Kembangan Estate

The valuation of the HDB Executive property located in Geylang, with a remaining lease of 82 years, has been estimated at $3,964,725, translating to a noteworthy $674 PSF. This valuation is indicative of a robust demand for HDB units in the area, as evidenced by the property’s market signal, which stands at 96.2% above the baseline. Such a significant premium over the market average highlights the property's desirability and the intrinsic value placed on executive flats in Geylang, a locale known for its vibrant cultural tapestry and accessibility to urban amenities.

The model confidence for this valuation is categorized as high, supported by an analytical review of 38 recent HDB resale transactions in the vicinity. This data set not only strengthens the valuation but also reflects the prevailing market dynamics, where properties with substantial remaining leases are increasingly sought after. The longevity of the remaining lease period further enhances the investment appeal, as buyers often prioritize long-term viability in their residential choices. Overall, this valuation encapsulates the intersection of demand, lease longevity, and strategic location, making this HDB Executive unit a compelling opportunity in Singapore's competitive real estate market.