4-Room HDB for Room Rent: 148 Potong Pasir 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 $74,355, translating to a price per square foot (PSF) of $676. This figure reflects a stable market position, as indicated by the market price showing no deviation from the baseline, signaling a balanced demand-supply dynamic in this vibrant precinct. Geylang, known for its rich cultural tapestry and strategic location, continues to attract a diverse demographic, which bolsters the resilience of property values in this area.

Moreover, our analysis leverages data from 500 recent HDB resale transactions in the vicinity, enhancing the model's confidence level to high. This robust data set underscores the reliability of the valuation, affirming that the current pricing aligns well with prevailing market trends. As the remaining lease is critical in determining long-term investment viability, the 58-year tenure remains attractive for buyers seeking a blend of affordability and potential future capital appreciation in a locality marked by its accessibility and lifestyle offerings.