3 Room (3NG) HDB for Rent in 119 Potong Pasir Avenue 1

The valuation of the 3-room HDB unit in Geylang, with a remaining lease of 57 years, reflects a current estimated value of $394,539, translating to $547 per square foot (PSF). This valuation is grounded in robust market data, drawing insights from 85 recent HDB resale transactions within the vicinity, which establishes a strong market signal indicating a stable pricing environment, as evidenced by the 0% difference from baseline. Such stability suggests that the property’s valuation is well-aligned with prevailing market conditions, further enhancing its appeal to potential buyers.

In the context of HDB properties, the remaining lease period is a critical factor influencing buyer sentiment and investment decisions. With 57 years remaining, this unit offers a balance between longevity and affordability, making it attractive for both first-time buyers and investors looking to capitalize on the Geylang locale. The high model confidence associated with this valuation underscores the reliability of the data and the analytical framework employed, reflecting a comprehensive understanding of local market dynamics and trends. As Geylang continues to evolve, the enduring demand for HDB properties in the area is likely to maintain price stability, presenting a compelling opportunity for informed investors.