4 Room (4A) HDB for Sale in 118A Alkaff Crescent

This HDB 4-room property in Geylang, boasting a remaining lease of 92 years, has been appraised at an estimated value of $1,086,150, translating to a price per square foot (PSF) of $1,086. The valuation reflects a nuanced understanding of the local market dynamics, particularly given the property's strategic location within a vibrant urban enclave. The remaining lease term provides a solid foundation for long-term investment, catering to both owner-occupiers and investors seeking stable rental yields.

With a market price indicating a 3.3% difference from the baseline, this valuation signals a healthy demand for HDB units in Geylang, supported by a robust analysis of 152 recent HDB resale transactions in the vicinity. This data underscores the high confidence in the model, suggesting that the property is well-positioned within a competitive market. The combination of a strong remaining lease and favorable market conditions further enhances the property's appeal, making it an attractive option for discerning buyers looking to capitalize on the potential for capital appreciation in this sought-after district.