4 Room (4S) HDB for Sale in 343 Ubi Avenue 1

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 58 years, stands at an estimated value of $469,766, translating to a price per square foot (PSF) of $490. This valuation is positioned above the market baseline by 13.9%, indicating a premium that suggests heightened demand or specific desirable attributes associated with this property. Such a significant markup relative to the baseline can be attributed to various factors including but not limited to the unit's strategic location, the vibrancy of the Geylang district, and potential future developments that may enhance its value further.

However, it is important to note that the model confidence for this valuation is classified as low, which indicates potential volatility or uncertainty in the underlying data. The analysis draws upon four recent HDB resale transactions in the vicinity, suggesting a limited dataset that may not fully capture broader market trends or fluctuations. Investors and potential buyers should consider these market dynamics carefully, particularly the implications of the remaining leasehold period which can influence long-term investment viability and resale potential.