5 Room (5I) HDB for Sale in 19 Joo Seng Road

The HDB 5-room property located in the vibrant neighborhood of Geylang presents a compelling investment opportunity, particularly given its estimated value of $652,502, translating to a price per square foot (PSF) of $505. With a remaining lease of 60 years, this property is strategically positioned to attract both first-time buyers and seasoned investors who are keen on capitalizing on the area’s potential for appreciation. The valuation reflects a strong market signal, indicating a noteworthy 12.6% premium above the baseline, which underscores the desirability of this location amidst a competitive market landscape.

Our analysis is underpinned by a robust model confidence rating, derived from 28 recent HDB resale transactions in the vicinity. This data not only enhances the reliability of the valuation but also highlights the sustained demand for properties in Geylang, driven by its proximity to key amenities and transport links. The above-market valuation may also signal an emerging trend of heightened interest in HDB properties within this locale, as buyers increasingly recognize the long-term value associated with properties that possess a significant remaining lease. As such, this HDB unit represents not merely a home, but a strategic asset with potential for appreciation in a dynamic real estate environment.