3 Room (3I) HDB for Sale in 93 Paya Lebar Way

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 45 years, stands at an estimated value of $225,445, translating to a price per square foot of $361. This valuation is notably positioned above the market baseline, indicating a significant 41.9% premium compared to the current market trends. Such a disparity suggests heightened demand for HDB properties in this locale, which can be attributed to several factors, including Geylang's desirable location and accessibility to amenities.

The model confidence for this valuation is assessed as medium, based on a robust analysis of nine recent HDB resale transactions within the vicinity. This dataset provides a solid foundation for understanding the local market dynamics, yet the medium confidence level indicates that fluctuations in demand, economic conditions, and evolving buyer preferences could influence future valuations. As the remaining lease period is a critical component in HDB valuations, potential buyers should weigh the implications of lease tenure against the attractive market signals observed in Geylang.