4 Room (4A) HDB for Sale in 118A Alkaff Crescent

The valuation of the 4-room HDB unit located in Geylang, with an estimated market value of $1,088,985 (translating to $1,088 PSF), reflects a robust demand for HDB properties in this vibrant district. With a remaining lease of 92 years, this unit benefits from a long tenure, appealing to both families and investors seeking stability in the rapidly evolving Singapore real estate landscape. The current valuation signifies a 3.8% premium over baseline market pricing, indicating a healthy level of buyer confidence and willingness to invest in this area.

The model confidence for this valuation is categorized as high, supported by an extensive analysis of 146 recent HDB resale transactions within the vicinity. This substantial dataset allows for a nuanced understanding of market dynamics, highlighting a consistent trend of appreciation in property values in Geylang. As the area continues to develop and attract both local and foreign interest, the strong performance of this 4-room HDB unit not only underscores its intrinsic value but also positions it favorably for future capital growth.