5 Room (5I) HDB for Sale in 113 Lengkong Tiga

The valuation of the HDB 5-room unit located in Geylang, with a remaining lease of 61 years, stands at an estimated value of $808,476, equating to $611 per square foot. This valuation reflects a significant market signal, indicating that the property is priced above the current market baseline by 21.2%. Such an anomaly suggests strong demand and desirability for this particular location, which is often characterized by its vibrant urban lifestyle and proximity to essential amenities.

Our analysis draws from a robust dataset of 136 recent HDB resale transactions in the vicinity, reinforcing a model confidence rating of high. This confidence level underscores the reliability of our valuation amidst dynamic market conditions. The remaining lease plays a critical role in determining property value, influencing buyer sentiment and investment potential. As Geylang continues to be a sought-after area for both homebuyers and investors alike, the enduring appeal of HDB properties in this neighborhood is likely to persist, further solidifying its position in the market.