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

This valuation report focuses on a 4-room HDB unit located in the vibrant district of Geylang, which is currently assessed at an estimated value of $1,087,236 or $1,086 PSF. With a remaining lease of 92 years, this property stands as an attractive option for buyers seeking long-term tenure in a location renowned for its accessibility and cultural richness. The estimation reflects a market price that is approximately 3% above the baseline, indicating a positive trend in buyer sentiment and demand within the vicinity.

The analysis draws on a robust dataset of 152 recent HDB resale transactions in Geylang, which supports the high model confidence level of this valuation. This market signal suggests a resilient property market, buoyed by factors such as proximity to public transport, amenities, and a burgeoning local economy. The combination of a favorable lease duration and solid market indicators positions this HDB unit as a prime asset for both owner-occupiers and investors alike, paving the way for potential appreciation in value as the area continues to develop.