3 Room (3A) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 92 years, reflects a robust market position, estimated at $834,565 or $1,140 per square foot. This valuation indicates a strong demand for properties in this vibrant district, characterized by its strategic location and connectivity. The calculated market price demonstrates a mere 3% deviation from the baseline, suggesting a stable pricing trend amidst the fluctuations common in the real estate sector.

Our analysis is grounded in a comprehensive review of 59 recent HDB resale transactions in the vicinity, which supports a high model confidence in this valuation. The remaining lease of 92 years positions this property favorably in the market, as it provides potential buyers with a significant duration of ownership, aligning well with the preferences of both investors and owner-occupiers. The Geylang area, known for its cultural vibrancy and accessibility, continues to be a sought-after locale, further enhancing the appeal and investment potential of this HDB unit.