3 Room (3NG) HDB for Sale in 115C Alkaff Crescent

The valuation of this HDB 3-room unit in Geylang reflects a robust market position with an estimated value of $868,785, translating to a premium $1,137 PSF. With a remaining lease of 92 years, the property benefits from a significant residual tenure, which is a critical factor for buyers seeking long-term investment stability in Singapore's competitive real estate landscape. This lease duration positions the unit favorably against other properties with shorter leases, enhancing its appeal to both owner-occupiers and investors alike.

Market dynamics indicate a subtle upward trend, as evidenced by a 2.2% difference from the baseline market price. This slight premium signifies strong demand in the Geylang area, underpinned by the locality's proximity to essential amenities, transport networks, and vibrant community life. The valuation's high model confidence, supported by 64 recent HDB resale transactions in the vicinity, further solidifies the accuracy of this estimate, ensuring that prospective buyers can approach this investment with a high degree of certainty in its market viability.