4 Room (4I) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 4-room unit in Geylang, standing at an estimated value of $1,087,236 or $1,086 PSF, reflects a robust positioning within the current market landscape. With a remaining lease of 92 years, this property benefits from a significant duration that enhances its attractiveness to potential buyers. The valuation suggests a market price that is 3.9% above the baseline, indicating a positive market sentiment and a strong demand for HDB units in this locality.

Our analysis is corroborated by a high level of confidence derived from 152 recent HDB resale transactions in the vicinity, underscoring the reliability of this valuation. The Geylang area, known for its vibrant culture and accessibility, continues to draw interest from both investors and owner-occupiers alike. This dynamic not only supports the current valuation but also suggests potential for appreciation, particularly given the relatively long lease remaining on the property, which is a critical factor in HDB valuation in Singapore's competitive real estate market.