4 Room (4A) HDB for Rent in 120 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 $607,651, translating to $528 PSF. This valuation reflects a stable market signal, with no deviation from the established baseline price, indicating a balance between buyer and seller expectations in the current environment. The consistency in pricing suggests a level of market maturity, where properties are being transacted at fair values based on their intrinsic characteristics and the prevailing demand-supply dynamics.

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 in the vicinity informing this analysis. Such scant transactional data may result in a less robust understanding of the market’s true performance. As the lease period is relatively long at 57 years, potential buyers may perceive this as a positive attribute, yet it is essential to consider the lease decay effect as it approaches the end of its term. In summary, while the property appears to hold fair market value, prospective investors should remain vigilant and conduct thorough due diligence to understand the implications of lease tenure and current market conditions.