5 Room (5A) HDB for Sale in 336 Ubi Avenue 1

The valuation of the HDB 5-room unit located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $567,231, translating to a price per square foot (PSF) of approximately $436. This valuation is categorized as above market, reflecting a notable 32.2% premium compared to the baseline metrics established for comparable properties in the area. Such a significant deviation indicates potential buyer interest or unique property attributes that may not be fully accounted for in baseline assessments.

However, it is essential to highlight that the model confidence in this valuation remains low, primarily due to the limited dataset of only two recent HDB resale transactions within the vicinity. This scarcity of data may suggest volatility in market conditions, influenced by factors such as shifts in demand for properties within Geylang and the overall sentiment towards HDB living. Additionally, the remaining lease of 58 years may impact buyer perceptions and future resale potential, as properties with shorter leases often face valuation pressures as they near the end of their lease term.