3 Room (3NG) HDB for Sale in 118 Potong Pasir Avenue 1

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 75 years, has been estimated at $445,160, translating to a price per square foot (PSF) of $617. This valuation is noteworthy, as it stands at an impressive 7.8% above the baseline market value, indicating robust demand and premium positioning within the local real estate landscape. Given the extensive dataset of 426 recent HDB resale transactions in the vicinity, we can assert with a high degree of confidence that this valuation accurately reflects current market dynamics.

Geylang, known for its unique blend of cultural vibrancy and accessibility, remains an attractive location for both homebuyers and investors alike. The remaining lease of 75 years offers a balance of longevity and potential for appreciation, making this property a viable option for those seeking stability in their investment. The above-market pricing signals a competitive market environment, where well-located properties continue to command premium values. As we examine the ongoing trends in HDB resale activity, it becomes evident that the allure of Geylang is likely to sustain its appeal in the foreseeable future, driven by its strategic location and evolving urban landscape.