6 Bed Bungalow (Landed) for Sale in Lengkong Tiga

The valuation of the Executive HDB in Geylang, with a remaining lease of 75 years, stands at an estimated value of $3,763,157, translating to $704 PSF. This valuation places the property significantly above the market average, reflecting a 99.3% difference from the baseline established by recent transactions in the area. Such a premium valuation may be attributed to a combination of desirable location, the growing demand for executive flats, and the current housing market dynamics that favor HDB resale properties.

The model confidence for this valuation is categorized as high, based on an analysis of 38 recent HDB resale transactions within the vicinity. This robust dataset not only strengthens the reliability of the valuation but also underscores the competitive nature of the Geylang market. As buyers increasingly seek properties with longer leases and premium features, this Executive HDB exemplifies the shifting preferences towards larger, well-located units that offer substantial living space in a vibrant urban environment.