3 Room (3A) HDB for Sale in 121 Potong Pasir Avenue 1

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 57 years, has been estimated at $375,450, translating to a price per square foot (PSF) of $465. This valuation positions the property above the market average, reflecting a significant 56.6% difference from the established baseline. Such a premium valuation suggests that this unit may be appealing to specific buyer demographics, particularly those seeking to invest in a property with potential for future appreciation in a well-established neighborhood.

However, it is important to note that the model's confidence in this valuation is classified as low, primarily due to the reliance on just one recent HDB resale transaction within the vicinity, which limits the robustness of comparative analysis. The dynamics of the Geylang market, characterized by an eclectic mix of residential and commercial properties, can influence HDB values significantly. Buyers should consider the implications of the remaining lease duration, as properties with shorter leases may face challenges in financing and resale potential, making this valuation a critical point for prospective investors to evaluate in conjunction with their long-term property strategies.