4 Room (4A) HDB for Sale in 33 Eunos Crescent

The valuation of this HDB 4 Room property in Geylang, with a remaining lease of 80 years, stands at an estimated value of $936,963, translating to a price per square foot (PSF) of $967. This valuation is notably above the market baseline, reflecting a 6.6% premium. Such a discrepancy suggests that buyers may be willing to pay a premium for properties in this sought-after locale, despite the low model confidence based on only two recent HDB resale transactions in the vicinity. This low confidence indicates a limited data set, which may affect the robustness of the valuation.

Geylang is known for its vibrant culture and proximity to the city center, making it an attractive option for both young families and investors. The remaining lease period of 80 years is another critical factor influencing market dynamics, as properties with longer leases tend to retain their value better over time. Therefore, while the current valuation reflects a strong demand, potential buyers should approach with caution, considering the limited transaction data and the implications of the property’s lease duration on future resale potential.