2 Bed Walk-up Apartment (Condo) for Sale in 282 MacPherson Road

The HDB 3 Room property located in the vibrant neighborhood of Geylang, with a remaining lease of 75 years, demonstrates a compelling valuation of $505,647, translating to an impressive $618 per square foot. This valuation is indicative of strong market dynamics, particularly as it registers an astonishing 157.1% above the baseline market value. Such a significant premium suggests robust demand for residential properties in this locale, driven by Geylang's strategic location and evolving urban landscape.

Our analysis, underpinned by data from 422 recent HDB resale transactions in the vicinity, reflects a high model confidence in this valuation. The sustained interest in Geylang is further bolstered by its proximity to key amenities and transportation links, making it an attractive option for both homeowners and investors. As the market continues to respond to the unique characteristics of Geylang, this property stands as a testament to the potential for appreciation and desirability within Singapore's dynamic real estate landscape.