3 Room (3NG) HDB for Sale in 117 Potong Pasir Avenue 1

In the dynamic real estate landscape of Singapore, the valuation of a HDB 3-room unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $392,599, translating to $545 PSF. This valuation is notably above the market average, reflecting a significant 23.5% premium over the baseline. Such a differential indicates robust demand for HDB properties within this enclave, driven by factors such as location desirability, accessibility to amenities, and the overall vibrancy of the Geylang area.

The model confidence for this valuation is rated as high, substantiated by an analysis of 89 recent HDB resale transactions in the vicinity. This comprehensive dataset provides a reliable basis for assessing market trends and pricing dynamics, enhancing the credibility of the evaluation. The remaining lease period of 57 years is a critical consideration for prospective buyers, as it impacts long-term investment potential and resale value. Overall, the strong market signal indicates that this property not only meets current demand but also positions itself favorably against future market fluctuations.