Common Room (HDB) for Rent in 113 Potong Pasir Avenue 1

The valuation of the 4-room HDB unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $64,570, translating to a price per square foot (PSF) of $646. This valuation reflects a market price that is in alignment with the baseline, indicating a stable market dynamic without significant fluctuations in pricing. Such a scenario often signals robust demand, particularly in the context of the surrounding area, which is underscored by the analysis of 499 recent HDB resale transactions in close proximity.

The high model confidence associated with this valuation suggests a reliable assessment, bolstered by the consistent performance of HDB resale prices within this vibrant district. Geylang's unique positioning, coupled with its rich cultural tapestry and accessibility, continues to attract both buyers and investors alike. As the remaining lease approaches the mid-point of its duration, it remains critical for stakeholders to consider the implications of leasehold tenure on market value, especially in a landscape where lease decay can influence perception and investment potential.