3 Room (3NG) HDB for Rent in 113 Potong Pasir Avenue 1

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $345,178, translating to a price per square foot (PSF) of $479. This valuation reflects a stable market signal, indicating a 0% difference from the baseline, which suggests that the property is positioned competitively within the current market dynamics. The model confidence rating is categorized as high, bolstered by the analysis of 419 recent HDB resale transactions in the vicinity, which provides a robust data set for comparison and insights.

Geylang has historically been a vibrant neighborhood that attracts a diverse demographic, contributing to its steady demand for HDB units. With 57 years remaining on the lease, potential buyers are likely to weigh the longevity of the lease against other investment opportunities. The current valuation underscores a balance between affordability and the intrinsic value of residing in a well-connected area, as Geylang is renowned for its accessibility and myriad of amenities. As the market continues to evolve, this HDB property presents a compelling opportunity for both investors and homeowners seeking to capitalize on the area’s ongoing development and appeal.