3 Room (3I) HDB for Sale in 98 Aljunied Crescent

The valuation of the 3-room HDB flat located in Geylang, with a remaining lease of 47 years, stands at an estimated value of $267,771, translating to a price per square foot (PSF) of $383. This valuation is notably positioned above the market baseline, reflecting a significant 60.6% premium relative to comparable properties in the vicinity. Such a pronounced deviation from the baseline indicates robust demand for HDB units in this area, driven by factors such as Geylang's strategic location, vibrant community, and accessibility to amenities.

Our analysis is anchored in a high-confidence model, utilizing data from 123 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the accuracy of our valuation but also highlights the current market dynamics at play. The remaining lease period, while moderately long at 47 years, remains attractive to potential buyers who are aware of the ongoing urban development and gentrification efforts in Geylang, which may enhance property values in the long term. Overall, this valuation serves as a compelling opportunity for investors and homebuyers looking to capitalize on the rising market trends in this highly sought-after locale.