4 Bed Corner Terrace (Landed) for Sale in Yong Seng Estate

The valuation of the HDB Executive property located in the vibrant district of Geylang presents an intriguing analysis within the current market landscape. With a remaining lease of 50 years, the estimated value stands at an impressive $1,477,054, which translates to a price per square foot (PSF) of $462. This figure not only reflects the property’s substantial intrinsic value but also indicates a significant market signal, registering at 306.2% above the baseline. Such a premium valuation suggests strong demand for HDB properties in this locality, driven by factors such as urban redevelopment and the strategic positioning of Geylang within Singapore's evolving urban fabric.

Our analysis is bolstered by a high model confidence, derived from 36 recent HDB resale transactions in Geylang and its surroundings. The elevated valuation underscores a robust market sentiment, indicating that buyers are willing to invest above the normative pricing benchmarks. This trend may be indicative of a broader acceptance of higher valuations for properties with favorable locations and potential for future appreciation. As Singapore’s real estate dynamics continue to evolve, HDB units like this Executive flat in Geylang stand as prime examples of how market forces can significantly influence property values, particularly in areas poised for growth.