4 Room (4A) HDB for Sale in 118A Alkaff Crescent

The HDB 4-room property located in Geylang, with a remaining lease of 92 years, has been valued at an estimated $1,103,343, translating to a price per square foot (PSF) of $1,102. This valuation places the property above the current market baseline by approximately 6.9%, indicating a premium positioning within the local real estate landscape. Such a valuation reflects not only the intrinsic value of the property but also the broader demand dynamics that characterize the Geylang precinct.

Recent data derived from 103 resale transactions in the vicinity suggests a robust confidence in this valuation, characterized by a high model confidence rating. The extended lease duration of 92 years significantly enhances the property's appeal to potential buyers, aligning with a growing preference for long-term residential stability. Geylang's strategic location, coupled with its vibrant culture and increasing urban development, further underscores the attractiveness of this investment, making it a compelling option for discerning buyers seeking value in the HDB market.