3 Room (3STD) HDB for Sale in 24 Balam Road

The valuation of the 3-room HDB unit in Geylang, with a remaining lease of 38 years, reflects a noteworthy market signal indicating an above-market pricing, at an estimated value of $194,667, or $301 PSF. This valuation is derived from an analysis of 11 recent HDB resale transactions in the vicinity, underscoring the property’s competitive positioning within the local real estate landscape.

With a substantial 74.1% difference from the baseline, this property is poised in a unique market dynamic, suggesting a robust demand that may be attributed to Geylang's accessibility and vibrant community. The medium confidence level of the model indicates that while the analysis is grounded in recent transaction data, fluctuations in the market or upcoming developments could influence future valuations. Investors and potential buyers should consider the implications of the remaining lease, as it plays a critical role in valuing HDB properties, particularly in a district known for its diverse offerings and evolving urban landscape.