5 Room (5I) HDB for Sale in 114 Lengkong Tiga

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 61 years, stands at an estimated value of $694,248, translating to a price per square foot (PSF) of $496. This valuation emerges amidst a robust comparative analysis of 21 recent HDB resale transactions in the vicinity, underscoring the property’s competitive positioning within a dynamic market landscape.

Significantly, the estimated value reflects a premium that is 41.2% above the baseline market price, indicating an upward trend in demand for HDB properties in this locale. Such a discrepancy suggests that buyers are increasingly willing to pay for the unique characteristics and accessibility that Geylang offers, despite the remaining lease period. The high model confidence associated with this valuation further reinforces the reliability of these findings, making this property a compelling option for discerning investors and homeowners alike.