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

In the dynamic landscape of Singapore's real estate market, this HDB 3-room property located in Geylang presents a compelling valuation narrative. With a remaining lease of 46 years, the estimated value of $277,682, translating to $398 per square foot, reflects a noteworthy 58.5% premium above the baseline market expectations. Such a significant deviation indicates strong demand and desirability in this vibrant precinct, underscoring Geylang's evolving appeal as a residential hub.

The high model confidence, derived from an extensive analysis of 418 recent HDB resale transactions in the vicinity, reinforces the robustness of this valuation. This data-driven approach accentuates the underlying market dynamics, where factors such as location desirability, future urban planning, and demographic shifts play critical roles. In an era where leasehold properties face increasing scrutiny, the remaining lease of this unit positions it uniquely in the marketplace, bolstering its attractiveness to both owner-occupiers and investors alike.