3 Room (3I) HDB for Sale in 24 Eunos Crescent

The HDB 3 Room property located in Geylang is currently estimated at a value of $246,744, translating to a price per square foot (PSF) of $389. With a remaining lease of 49 years, this valuation positions the property above the market baseline by an impressive 54%. Such a significant deviation from the baseline suggests a premium valuation that may be influenced by various factors, including the property's location, demand dynamics, and the overall market sentiment in the area.

Our analysis is based on a review of 11 recent HDB resale transactions in the vicinity, providing a robust dataset that underpins this valuation. The medium model confidence reflects a balanced consideration of the local market conditions and the unique characteristics of this specific property. Geylang, known for its vibrant culture and proximity to amenities, continues to attract buyers, thereby sustaining elevated price levels despite the shorter remaining lease. As the market evolves, ongoing monitoring of these dynamics will be essential in gauging the future trajectory of property values in this sought-after district.