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

The valuation of the HDB 3 Room property located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $445,160, translating to $617 per square foot (PSF). This valuation is indicative of a robust market signal, as it reflects a premium above the baseline by 7.8%. Such a significant deviation from the market average suggests that this property is not only appealing but also commands a strong buyer interest, driven by various factors including location desirability and the remaining lease duration.

With a model confidence rating classified as high, this valuation draws upon a comprehensive analysis of 426 recent HDB resale transactions in the Geylang vicinity. The area's dynamic market conditions, characterized by a blend of urban convenience and community vibrancy, contribute to the elevated pricing observed. As Geylang continues to evolve as a sought-after locale, properties with substantial remaining leases such as this one are likely to attract discerning buyers, ensuring sustained value appreciation in the long term.