4 Room (4A) HDB for Sale in 413 Eunos Road 5

The valuation of the HDB 4-room unit located in Geylang, with a remaining lease of 63 years, stands at an estimated value of $821,547, translating to a price per square foot (PSF) of $734. This valuation reflects the current market dynamics and is supported by a robust dataset comprising 496 recent HDB resale transactions in the vicinity. The model confidence in this estimate is rated as high, indicating a reliable assessment based on comprehensive market analysis.

Notably, the property shows a market price that is 0.9% above the baseline, suggesting a slight premium that may be driven by the ongoing demand for HDB units in the Geylang area. This minor deviation from the baseline price could be attributed to several factors, including the strategic location, proximity to amenities, and the enduring appeal of Geylang as a residential choice. As the market continues to evolve, this valuation underscores the importance of understanding lease tenure dynamics, especially given the remaining lease period, which may influence future resale potential and investment viability.