4 Room (4NG) HDB for Sale in 121 Paya Lebar Way

The valuation of the HDB 4-room unit in Geylang, with an estimated value of $391,112, showcases a noteworthy market position, reflecting a price per square foot (PSF) of $400. This value is significantly above the baseline, demonstrating a remarkable 40.6% premium compared to similar properties in the vicinity. Such a discrepancy signals strong demand in this particular market segment, likely driven by Geylang's strategic location and vibrant community offerings.

With a remaining lease of 52 years, this property stands at a critical juncture for potential buyers and investors. The medium confidence level in the model suggests that while the valuation is supported by recent comparable sales—specifically, 14 recent HDB resale transactions—the dynamics of the Geylang market may fluctuate due to broader economic trends and housing policies. Nevertheless, the pronounced premium indicates investor optimism, which could be attributed to Geylang's evolving urban landscape and its appeal as a residential area. As such, this HDB unit represents a compelling opportunity for those looking to engage in the Singapore property market.