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

The recent valuation of the 4-room HDB in Geylang, estimated at $1,089,560 or $1,088 PSF, reflects a robust appreciation in the local housing market. With a remaining lease of 92 years, this property is well-positioned within a vibrant neighbourhood that has shown consistent demand among buyers. The valuation derives from a comprehensive analysis of 138 recent HDB resale transactions in the vicinity, ensuring a high level of confidence in the model's accuracy. The market price shows only a 2.8% deviation from the established baseline, indicating a stable appreciation trajectory in this sector.

Geylang's strategic location and its unique blend of heritage and modernity contribute significantly to its desirability. The property not only benefits from the remaining lease which assures future owners of long-term occupancy but also aligns with current market dynamics that favour HDB properties with substantial remaining lease tenure. As the market continues to tighten, properties like this HDB unit are likely to maintain their value, making them a prudent investment for prospective buyers seeking both stability and growth in their real estate portfolio.