3 Room (3STD) HDB for Sale in 36 Circuit Road

The valuation of the HDB 3 Room property located in Geylang, with a remaining lease of 38 years, stands at an estimated value of $225,820, translating to a price per square foot (PSF) of $333. This valuation signals a notable market position, being above the baseline by 71.8%. This premium pricing suggests a robust demand for HDB properties in this area, driven by various factors including Geylang’s strategic location, vibrant community, and accessibility to essential amenities.

With model confidence rated at medium, this valuation is supported by an analysis of 10 recent HDB resale transactions within the vicinity. The data indicates a competitive market dynamic, where buyers are willing to pay a premium for properties that offer both lifestyle and investment potential. The remaining lease period of 38 years is a crucial aspect, as it still provides a substantial time frame for homeowners to capitalize on the property’s value, albeit with considerations for future lease expiry. Overall, this HDB property exemplifies the intricate balance of market trends, lease longevity, and buyer sentiment in the Singapore real estate landscape.