5 Room (5I) HDB for Sale in 28 Cassia Crescent

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 70 years, stands at an estimated value of $1,115,105, translating to a price per square foot (PSF) of $863. This valuation is indicative of a strong demand within the Geylang district, particularly as it reflects a 6.7% premium above the baseline market value. Such a significant deviation suggests that buyers may be willing to pay a higher price for properties in this area, driven by factors that include location desirability, accessibility, and the potential for future appreciation.

Analysing the market dynamics, the valuation is supported by a comparative analysis of 8 recent HDB resale transactions in the vicinity, which reinforces the model's confidence in this valuation being classified as medium. The remaining lease of 70 years is a critical aspect, as it offers a balance between long-term occupancy and investment potential. As Geylang continues to develop and evolve, the enduring appeal of this location, combined with the current market conditions, positions this HDB unit as a compelling opportunity for both homebuyers and investors alike.