4 Room (4A) HDB for Sale in 647 Jalan Tenaga

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 65 years, is currently estimated at $668,525, translating to a price per square foot (PSF) of $597. This valuation positions the property significantly above the prevailing market trend, with an astonishing 900.5% difference from the baseline. Such a premium valuation suggests a unique set of market dynamics at play, potentially driven by factors such as desirability of location, demographic shifts, and anticipated future developments in the area.

However, it is essential to note that the model confidence is categorised as low, reflecting the inherent uncertainties associated with property appraisals in a volatile market. The analysis is based on a limited sample of only seven recent HDB resale transactions in close proximity, which may not fully represent the broader market sentiment. As Geylang continues to experience urban renewal and infrastructural enhancements, stakeholders should remain vigilant in monitoring evolving market conditions and trends that may impact future valuation stability.