3 Bed Terraced House (Landed) for Sale in Macpherson Garden Estate

The valuation of the 4-room HDB property located in the vibrant district of Geylang reveals a compelling market narrative. With an estimated value of $730,232 (equating to $487 PSF), this property commands a significant premium, as evidenced by its market signal indicating an above-market valuation, showcasing a remarkable 321.8% difference from the baseline. Such a disparity strongly suggests a robust demand for HDB units in this area, particularly given the remaining lease of 43 years, which, while moderate, still offers ample time for homeowners and investors alike to capitalize on their investment.

This valuation is underpinned by a model confidence rated as high, reflecting the soundness of the analysis derived from a comprehensive review of 500 recent HDB resale transactions within the vicinity. The Geylang area, known for its strategic location and diverse amenities, continues to attract buyers despite the challenges posed by a diminishing lease period. The data underscores a market dynamic where buyers are willing to pay a premium for properties that offer not only practical living solutions but also the potential for future appreciation, thereby reinforcing the vitality of the Geylang HDB market.