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

The valuation of the HDB 4 Room unit located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $489,706, translating to approximately $511 per square foot. This valuation reflects a notable 20.1% premium above the baseline market value, indicating a robust demand for properties in this vibrant district. Geylang, known for its unique blend of cultural heritage and modern amenities, continues to attract buyers seeking both investment potential and lifestyle advantages.

However, it is important to consider the model confidence associated with this valuation, which is categorized as low. This suggests that the current market dynamics may be influenced by factors such as the limited number of comparable recent HDB resale transactions—only five within the vicinity. The remaining lease of 58 years may also impact buyer sentiment, as potential homeowners often weigh the longevity of the lease against their investment horizon. As such, while the current valuation signals a strong market position relative to recent sales, prospective buyers should remain aware of the inherent risks and market fluctuations that could affect future resale opportunities.