3 Room (3A) HDB for Sale in 18D Circuit Road

The HDB 3 Room unit located in Geylang, with a remaining lease of 88 years, presents a compelling valuation of approximately $813,249, which translates to a price per square foot (PSF) of $1,128. This valuation places the property at a notable 7.8% below the baseline market rate, signalling it as a potential 'Good Deal' for discerning buyers and investors. The advantageous pricing, combined with the longevity of the lease, enhances its appeal in a competitive market where leasehold dynamics play a crucial role in determining property value.

However, it is important to note that the model confidence for this valuation is categorized as low, suggesting that the market data may be influenced by fluctuations or anomalies within the immediate vicinity. The analysis is based on six recent HDB resale transactions in Geylang, indicating a need for cautious optimism when considering this investment. As Geylang continues to experience urban development and infrastructural enhancements, the potential for future appreciation remains strong, making this property an intriguing prospect for those looking to capitalize on Singapore's evolving real estate landscape.