3 Room (3A) HDB for Sale in 143 Potong Pasir Avenue 2

The valuation of this HDB 3-room unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $506,557, translating to a price per square foot (PSF) of $636. This valuation is notably above the market baseline by 24.4%, indicating a robust demand and an appreciation trend for properties within this precinct. Such an elevated valuation reflects not only the intrinsic value of the unit itself but also the desirability of Geylang as a residential location, which continues to attract both owner-occupiers and investors alike.

The model confidence for this valuation is rated as high, based on a comprehensive analysis of 426 recent HDB resale transactions in the vicinity. This substantial data set underpins the reliability of the price assessment, showcasing a dynamic market where properties are increasingly sought after. The remaining lease of 75 years adds a layer of security for prospective buyers, as it allows ample time for appreciation and resale potential. In summary, the current market dynamics, coupled with the favorable lease term, position this property as a lucrative investment opportunity in an increasingly competitive real estate landscape.