3 Room (3A) HDB for Sale in 115A Alkaff Crescent

The valuation of the HDB 3-room unit in Geylang, with an estimated value of $829,460 or $1,135 PSF, reflects a robust understanding of the current property market dynamics in Singapore. With a remaining lease of 92 years, this property not only benefits from a substantial tenure but also aligns well with the growing demand for HDBs in established neighborhoods, particularly in Geylang, which is known for its vibrant community and proximity to central amenities.

With a market signal indicating only a 1% difference from the baseline, this valuation suggests a stable market condition, supported by 67 recent HDB resale transactions in the vicinity. The high model confidence level reinforces the reliability of this assessment, indicating that the property’s value is well-supported by comparable sales data. As the market continues to evolve, properties with longer remaining leases in desirable locations like Geylang are poised to attract significant buyer interest, thereby ensuring a stable investment opportunity for prospective homeowners and investors alike.