3 Room (3S) HDB for Rent in 148 Potong Pasir Avenue 1

The valuation of the HDB 3 Room unit located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $397,961, which translates to $578 per square foot. This valuation places it at a market price that exhibits no deviation from the established baseline, indicating a stable pricing environment in the locality. The confidence in this model is rated as high, bolstered by a robust analysis of 55 recent HDB resale transactions in the vicinity, which reinforces the reliability of the valuation metrics.

In the context of Singapore's real estate landscape, Geylang remains a sought-after district, characterized by its cultural vibrancy and strategic connectivity. The remaining lease of 58 years is a crucial factor, as it provides prospective buyers with a substantial tenure, balancing the perceived leasehold risk with the potential for future appreciation. Given the current market dynamics, the absence of variance from the baseline price suggests a healthy demand-supply equilibrium, positioning this property as an attractive investment for individuals seeking residential opportunities in this burgeoning area.