4 Room (4A) HDB for Sale in 11 Pine Close

The valuation of the HDB 4 ROOM property located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $875,387, translating to a price per square foot (PSF) of $857. This valuation is based on a comprehensive analysis of 496 recent HDB resale transactions within the vicinity, reflecting a robust dataset that enhances the reliability of the market signal. The current market price indicates a 2.8% difference from the baseline, suggesting a slight upward trend in property value, likely influenced by various local and macroeconomic factors.

The confidence in this model is rated as High, underscoring the stability and predictability of the Geylang property market amidst fluctuating economic conditions. The remaining lease of 75 years, while significant, is not seen as a deterrent in this vibrant district, where demand continues to be driven by its strategic location and accessibility to essential amenities. As Geylang experiences ongoing urban development and revitalization, it remains a highly sought-after area, making this valuation not just a reflection of current market trends, but also indicative of the potential for future appreciation.