3 Room (3A) HDB for Rent in 104 Potong Pasir Avenue 1

The valuation of this 3-room HDB unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $392,786, translating to $493 PSF. This valuation reflects a market price that aligns closely with the baseline, indicating a 0% difference, which is a notable indicator of market stability and demand in this vibrant locale. Such equilibrium suggests that buyers are willing to pay a fair price for properties in this area, emphasizing Geylang's appeal as a sought-after residential enclave.

With a high model confidence rating, derived from an analysis of 419 recent HDB resale transactions in the vicinity, this valuation is robust and indicative of prevailing market dynamics. The strong performance of the Geylang area can be attributed to its strategic location, rich cultural tapestry, and accessibility to amenities. As the lease length remains a critical factor for buyers, a 57-year tenure offers a balanced perspective for both investors and owner-occupiers, ensuring that this property remains an attractive proposition in the competitive Singapore real estate market.