3+1 Bed Terraced House (Landed) for Sale around Lichi Avenue

The recent valuation of the HDB Executive unit in Geylang, with a remaining lease of 76 years, has been assessed at an estimated value of $2,714,087, translating to a price per square foot (PSF) of $679. This valuation positions the property significantly above the market baseline, reflecting a notable 97.1% difference. Such a premium valuation may be indicative of several underlying market dynamics, including heightened demand for spacious HDB configurations in desirable urban locales, particularly those offering proximity to amenities and transportation links.

The model confidence for this valuation is categorized as high, supported by a robust dataset of 36 recent HDB resale transactions within the vicinity. This suggests a stable market environment, with a consistent demand for HDB properties, especially in Geylang, where demographic trends and lifestyle preferences are shifting towards urban living. The longer remaining lease of 76 years also enhances the appeal of this property, as it provides potential buyers with a sense of security in their investment, reducing concerns over lease decay that can often affect shorter leasehold properties.