4-Room HDB for Room Rent: 118 Potong Pasir Avenue 1

The valuation of the HDB 4-room unit located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $50,774 or $508 per square foot. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference from the established market trend. Such stability in pricing can be attributed to the ongoing demand for HDB properties in this vibrant district, which is well-known for its strategic location and accessibility to various amenities.

With model confidence rated as high, the analysis draws upon a robust dataset comprising 143 recent HDB resale transactions in the vicinity. This extensive analysis underscores the resilience of the Geylang property market, where buyers are increasingly recognizing the value in properties with longer remaining leases. As the landscape continues to evolve, the remaining lease of 57 years positions this unit favorably, catering to both investors and owner-occupiers alike who seek a balance between affordability and potential capital appreciation in the dynamic Singapore real estate market.