4 Room (4NG) HDB for Sale in 120 Potong Pasir Avenue 1

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 57 years, presents a compelling case for potential investors and homeowners alike. Priced at an estimated value of $528,920, translating to $528 per square foot, the property is positioned significantly above the market baseline by 26.3%. This premium suggests a robust demand in the Geylang area, reflecting the neighborhood's enduring appeal despite the challenges posed by the diminishing lease period.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset available, with only one recent HDB resale transaction in the vicinity serving as a benchmark. This scarcity of comparable sales may impact the reliability of the valuation. Investors should consider the implications of the remaining lease and the surrounding market dynamics, including the potential for future appreciation or depreciation in value as the lease period continues to dwindle. As such, while the property commands a notable valuation, careful analysis and consideration of market trends are imperative for prospective buyers.