3 Bed Walk-up Apartment (Condo) for Rent in Teambuild Centre

The valuation of the HDB 4 Room unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $1,042,462, translating to $965 per square foot (PSF). This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in the area. The absence of a price differential suggests that the property is accurately priced in relation to its immediate market context, providing potential buyers with a clear indication of value in a competitive landscape.

However, it is essential to note that the model confidence for this valuation is categorized as low, which can be attributed to the limited data set of only three recent HDB resale transactions within the vicinity. This low confidence level may indicate variability in buyer sentiment and market dynamics, emphasizing the importance for prospective buyers to conduct thorough due diligence. The HDB lease structure, particularly with 75 years remaining, plays a crucial role in influencing buyer decisions, as properties with shorter leases may experience depreciation in perceived value as they approach the end of their tenure.