3 Room (3NG) HDB for Sale in 93 Geylang Bahru

The current valuation of the HDB 3-room unit in Geylang, estimated at $296,424 or $406 PSF, indicates a significant market signal, registering an impressive 82.2% difference from the baseline. This above-market positioning suggests robust demand within the Geylang precinct, where recent resale activity has been buoyed by various factors including proximity to amenities and transportation networks. With a remaining lease of 51 years, this property presents a compelling opportunity for both investors and homebuyers seeking to capitalize on the area's growth potential.

Analysis based on 8 recent HDB resale transactions in the vicinity reflects a medium level of model confidence, illustrating a nuanced understanding of the local market dynamics. While the property’s remaining lease may seem modest compared to newer developments, the valuation indicates a strong sentiment in the market, which can be attributed to Geylang's ongoing urban developments and its appeal as an established residential hub. Buyers should consider the implications of lease duration on long-term value, yet the current valuation suggests that the property remains a competitive asset in the face of evolving market conditions.