3 Room (3A) HDB for Sale in 102 Potong Pasir Avenue 1

The valuation of the HDB 3-room unit located in Geylang, with a remaining lease of 56 years, stands at an estimated value of $383,079, translating to a price per square foot of $481. This valuation reflects a significant premium, with a striking 69.4% increase over the baseline market estimates. Such a disparity in pricing indicates robust demand for HDB properties in the Geylang area, which is characterized by its strategic location and proximity to essential amenities and transport links.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set of only three recent HDB resale transactions in the vicinity. This scarcity of comparable sales could lead to potential volatility in pricing, influenced by external market factors and buyer sentiment. As the local real estate landscape evolves, stakeholders should remain vigilant, as the dynamics surrounding lease length and market perception will play pivotal roles in shaping future valuations.