4 Room (4A) HDB for Rent in 120 Potong Pasir Avenue 1

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $607,651, translating to a price per square foot (PSF) of $528. This valuation reflects a market price that is aligned with the baseline, indicating a stable market condition in the vicinity. However, the model confidence for this valuation is categorized as low, primarily due to the limited data set available, with only one recent HDB resale transaction considered in the analysis.

As the Geylang area continues to evolve, the dynamics of HDB properties in this locale are influenced by various factors, including proximity to amenities, transport links, and ongoing urban development initiatives. The remaining lease period of 57 years is a critical consideration for potential buyers, as it may impact future resale value and attractiveness to investors. The current valuation suggests that while the market remains stable, caution is warranted given the low model confidence, highlighting the importance of continuous monitoring of market trends and transaction volumes to gain a clearer understanding of the HDB landscape in Geylang.