3 Room (3I) HDB for Sale in 11 Upper Boon Keng Road

The valuation of the HDB 3-room property in Geylang, with a remaining lease of 46 years, stands at an estimated value of $277,682, translating to a price per square foot (PSF) of $398. This valuation is indicative of a robust market signal, with the property priced significantly above the baseline by 58.5%. Such a premium suggests heightened demand in the Geylang area, which is likely driven by its strategic location and the evolving urban landscape that continues to attract both homeowners and investors alike.

Our analysis, grounded in the examination of 418 recent HDB resale transactions within the vicinity, yields a high confidence level in this valuation model. The substantial difference from the baseline reflects not only the intrinsic value of the property but also broader market dynamics at play, including the desirability of Geylang as a residential enclave. The remaining lease of 46 years is a critical factor, as it underscores the balance between longevity and market perception, influencing buyer sentiment and investment potential. Overall, this property exemplifies the current trends in Singapore's HDB market, where strategic locations command a premium, thereby reinforcing the property’s valuation as a sound investment opportunity.