4-Room HDB for Room Rent: 148 Potong Pasir Avenue 1

The valuation of the HDB 4-room property in Geylang, with a remaining lease of 58 years, stands at an estimated value of $58,329, translating to a price per square foot (PSF) of $530. This valuation, reflecting a market price that shows no deviation from the baseline, indicates a stable demand in the area despite the remaining lease period. The high model confidence, derived from a comprehensive analysis of 127 recent HDB resale transactions in the vicinity, underscores a robust market environment and suggests that buyers are willing to pay a premium for properties in this sought-after locale.

In Geylang, the interplay of lease duration and market dynamics is particularly noteworthy. With 58 years remaining, potential buyers may weigh the implications of leasehold status against the vibrant neighborhood attributes, including accessibility, amenities, and investment potential. Furthermore, the absence of price fluctuation from the baseline indicates a balanced market where supply and demand are aligned, reinforcing the property’s valuation and positioning it as a competitive option for discerning buyers seeking both lifestyle and investment opportunities.