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

The valuation of this 3-room HDB unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $505,647, translating to a price per square foot of $618. This valuation places the property significantly above the market average, with a remarkable 157.1% difference from the baseline. Such a premium valuation suggests a robust demand for housing in this vibrant district, which is characterized by its strategic location and proximity to various amenities.

With a high model confidence level based on an extensive analysis of 422 recent HDB resale transactions in the vicinity, it is evident that Geylang is experiencing a dynamic shift in market sentiment. The desirability of this area, driven by its mix of cultural heritage and modern conveniences, contributes to the sustained interest from prospective buyers. As the remaining lease of this property allows for a substantial period of habitation, it becomes an attractive option for both investors and owner-occupiers seeking long-term value in the Singapore real estate market.