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

The valuation of the 3-room HDB unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $386,848, translating to a price per square foot of $537. This valuation signals a robust market performance, indicating an 8.6% premium above the baseline established by recent sales data. Such a notable deviation from the baseline reflects strong buyer interest in the Geylang area, underscoring its appeal as a desirable residential enclave amidst the evolving urban landscape of Singapore.

This high valuation is supported by a comprehensive analysis of 90 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to the model employed. The Geylang district, known for its strategic location and vibrant lifestyle offerings, continues to attract both first-time buyers and investors alike. As the demand for HDB properties remains resilient, particularly in well-connected neighborhoods, this unit’s valuation not only underscores its market value but also highlights the underlying dynamics driving property prices in Singapore's dynamic real estate market.