3 Bed Bungalow (Landed) for Sale in Braddell Heights Estate

The valuation of the HDB Executive unit in Geylang, with a remaining lease of 84 years, is set at an estimated value of $2,052,961, translating to a price per square foot of $684. This valuation significantly exceeds the baseline, exhibiting an impressive market signal that is 825.5% above the expected market rate. Such a substantial premium can be attributed to several factors, including the property's strategic location in Geylang, which is known for its vibrant culture and accessibility, making it a highly desirable area for both homeowners and investors alike.

With a robust model confidence rating of High, this valuation is supported by a comprehensive analysis of 38 recent HDB resale transactions in the vicinity. The data reflects a strong demand for HDB properties in this locale, indicating that buyers are willing to pay a premium for units that offer longevity in lease tenure and proximity to amenities. The remaining lease of 84 years further enhances the attractiveness of this property, as it provides potential owners with a significant duration before lease expiry, which is a critical factor in maintaining property value in the HDB market.