3 Room (3I) HDB for Sale in 11 Upper Boon Keng Road

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 48 years, stands at an estimated value of $284,147, translating to a price per square foot of $407. This valuation is notably positioned above the market, reflecting a significant 68.9% difference from the baseline, indicating a robust demand for properties in this vibrant district. The high market signal suggests that this unit is not only attractive but also commands a premium due to its strategic location and potential for appreciation over the remaining lease term.

Our analysis, grounded in a comprehensive review of 96 recent HDB resale transactions in the vicinity, yields a model confidence rating of high. This strong confidence underscores the market dynamics at play, with Geylang's unique blend of cultural vibrancy and accessibility driving buyer interest. The remaining lease of 48 years is a critical factor; while it may be perceived as a limitation, it also presents an opportunity for buyers who are looking to invest in a flourishing area characterized by its diverse amenities and connectivity. With such dynamics, this valuation reflects not only the current market landscape but also the long-term potential of HDB properties in Geylang.