3 Room (3A) HDB for Sale in 68 Geylang Bahru

The valuation of the 3-room HDB unit in Geylang, with a remaining lease of 47 years, stands at an estimated value of $275,396, translating to a price per square foot (PSF) of $393. This figure is indicative of a robust demand within the locality, evidenced by a significant market signal categorizing this property as above market by 45.2% when compared to baseline values. Such a premium valuation underscores the desirability of the Geylang area, known for its strategic location and vibrant community dynamics.

Analysis of recent market trends reveals a strong model confidence rating of high, supported by the examination of 127 recent HDB resale transactions in the vicinity. The data indicates a sustained interest in Geylang's HDB market, likely driven by its proximity to amenities and transport links, which continue to attract potential buyers despite the property’s remaining lease of 47 years. This valuation not only highlights the potential for capital appreciation but also reflects the competitive nature of the Geylang real estate market amidst broader economic conditions.