5 Bed Semi-Detached House (Landed) for Sale in Kembangan Estate

The valuation of the HDB Executive property located in Geylang, with a remaining lease of 82 years, stands at an impressive estimated value of $1,899,861, translating to a price per square foot (PSF) of $679. This valuation indicates a significant market signal, as it is positioned 214.8% above the baseline valuation. Such a premium reflects not only the desirability of the Geylang area, known for its vibrant culture and strategic location, but also the increasing demand for larger HDB units within the urban landscape of Singapore.

Based on a comprehensive analysis of 36 recent HDB resale transactions in the vicinity, the model confidence in this valuation is rated as high. This suggests a robust demand-supply dynamic, where limited availability of executive flats in Geylang, coupled with the area's appeal, drives prices upward. The remaining lease of 82 years is also a critical factor in this valuation, as properties with longer leases typically command higher prices, further reinforcing the premium placed on this HDB Executive unit.