4 Room (4A) HDB for Sale in 28 Balam Road

The valuation of the HDB 4-room property located in Geylang, with a remaining lease of 68 years, stands at an estimated value of $899,722, translating to a price per square foot (PSF) of $789. This figure reflects a market price that is perfectly aligned with the baseline, indicating a 0% deviation. Such stability in pricing suggests a balanced demand and supply environment within this vibrant precinct, which is known for its eclectic mix of residential and commercial offerings.

The model confidence for this valuation is categorized as medium, grounded in the analysis of 8 recent HDB resale transactions in the vicinity that provide a comparative basis. These transactions reveal critical insights into market dynamics, showcasing a resilient interest in Geylang properties, likely fueled by its strategic location and diverse amenities. As the remaining lease period of 68 years is substantial, it contributes positively to the perceived value, assuring potential buyers of a sound investment in a neighborhood that continues to attract both homeowners and investors alike.