3 Room (3I) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 3 Room unit in Geylang, estimated at $818,113 or $1,135 PSF, reflects a robust positioning within the current market landscape. With a remaining lease of 92 years, this property benefits from a significant lease duration, appealing to both owner-occupiers and investors looking for long-term capital appreciation. The 2.2% difference from the baseline market price indicates a healthy demand, suggesting that this property is competitively priced and well-aligned with market expectations.

Our valuation model, backed by 67 recent HDB resale transactions in the vicinity, has achieved a high level of confidence in this assessment. The Geylang area, known for its strategic location and vibrant community, continues to attract interest, further enhancing the desirability of this property. Given the current market dynamics, including a steady influx of demand for HDB units, this valuation positions the property favorably for potential buyers looking to capitalize on both lifestyle and investment opportunities in one of Singapore's most sought-after districts.