3 Room (3STD) HDB for Sale in 61 Circuit Road

The valuation for the 3-room HDB unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $369,523 or $563 PSF. This assessment reflects current market dynamics, showcasing a 2.6% difference from the baseline market price. Such a minor deviation indicates a relatively stable pricing environment, suggesting that this property is priced competitively within the local market context.

However, it is essential to note that the model confidence for this valuation is categorized as low, which may imply variability in the predictive accuracy due to factors such as limited transaction data and market fluctuations. The valuation is based on a sample of only seven recent HDB resale transactions in the vicinity, which may not fully capture the broader market trends or nuances affecting property values in Geylang. As the lease length plays a critical role in HDB valuations, prospective buyers should remain cognizant of the implications of the remaining lease term on long-term investment potential and marketability.