5 Room (5I) HDB for Sale in 2A Upper Boon Keng Road

The valuation of the 5-room HDB property located in Geylang, with a remaining lease of 79 years, is estimated at $1,128,250, translating to $953 PSF. This valuation emerges as a compelling opportunity within the current market dynamics, indicated by a notable 11.8% difference from the baseline, categorizing it as a Good Deal. Such a premium positioning reflects the property’s strategic location and the enduring demand for HDB units in this vibrant district.

However, it is crucial to note that the model confidence for this valuation remains low, which suggests caution in interpreting the data. The analysis is based on just four recent HDB resale transactions in the vicinity, indicating a limited sample size that may not fully capture the broader market trends. As the remaining lease continues to decrease, prospective buyers should consider the implications of leasehold duration on long-term value appreciation and resale potential. Overall, while the Geylang property presents an attractive investment opportunity, potential purchasers are advised to conduct thorough due diligence in light of the current market signals.