3 Room (3S) HDB for Sale in 302 Ubi Avenue 1

The current valuation for the HDB 3-room unit located in the vibrant district of Geylang stands at an estimated value of $533,467, equating to $775 PSF. With a remaining lease of 75 years, this property strategically positions itself within a competitive market, appealing to both first-time buyers and seasoned investors. Notably, the property has been classified as a Good Deal, reflecting a 7.2% difference from the baseline, which indicates a favorable entry point given the dynamics of the HDB resale market in the vicinity.

However, it is essential to approach this valuation with caution, as the model confidence is rated as low. This is predominantly based on only four recent HDB resale transactions in the area, which may not provide a comprehensive view of the current market sentiment. The Geylang district, known for its rich cultural tapestry and accessibility, continues to attract interest; thus, ongoing scrutiny of the local market trends and leasehold dynamics will be crucial for potential buyers. Understanding the interplay between remaining lease duration and market demand will be vital in assessing the long-term value and investment potential of this property.