4 Room (4S) HDB for Sale in 315 Ubi Avenue 1

This valuation report focuses on a 4-room HDB unit located in the vibrant neighborhood of Geylang, with a remaining lease of 58 years. The estimated value of the property stands at $489,706, translating to a price per square foot (PSF) of $511. Notably, this figure reflects a significant market signal, indicating that the property is priced above the current market baseline by 20.1%. Such a premium valuation may suggest a heightened demand for HDB units in this area, possibly driven by Geylang's strategic location and the ongoing urban development initiatives that enhance the appeal of the district.

However, it is important to consider the model confidence associated with this valuation, which is currently rated as low. This assessment is based on only five recent HDB resale transactions in the vicinity, potentially limiting the robustness of the data. Investors and homebuyers should approach this valuation with caution, as the remaining lease duration of 58 years can significantly impact the property's long-term value. As the market continues to evolve, prospective buyers should conduct thorough due diligence and remain attuned to broader market dynamics that could influence future resale values in this increasingly sought-after location.