4 Room (4S) HDB for Sale in 320 Ubi Avenue 1

The valuation of the HDB 4 Room unit in Geylang, with a remaining lease of 58 years, stands at an estimated value of $457,070, translating to a price per square foot of $506. This valuation is notably positioned 20.3% above the baseline market rate, suggesting a strong demand for properties in this locale. The elevated price can be attributed to various factors, including Geylang's strategic location, proximity to essential amenities, and the ongoing urban development initiatives that enhance the area's appeal.

Despite the medium confidence level associated with this valuation, it is substantiated by the analysis of eight recent HDB resale transactions in the vicinity. This data indicates a robust interest in Geylang's real estate market, reflecting a significant appreciation in value. The remaining lease of 58 years is a critical consideration, as it impacts buyer sentiment and future resale potential. As the market continues to evolve, prospective buyers and investors should remain attentive to the dynamics that influence HDB valuations, particularly in vibrant neighborhoods such as Geylang.