3 Room (3A) HDB for Sale in 102 Potong Pasir Avenue 1

The valuation of the 3-room HDB unit in Geylang, standing at an estimated value of $382,598, represents a significant market signal, with a notable 38.5% premium over the baseline. Priced at $481 PSF, this valuation reflects the unique dynamics of the Geylang district, a locale recognized for its vibrant culture and strategic connectivity within Singapore. However, it is crucial to acknowledge the remaining lease of 56 years, which presents a pivotal consideration for potential buyers and investors, as the lease decay could impact long-term value retention.

Despite the allure of the property’s location, the model confidence in this valuation is categorized as low, underscoring the necessity for thorough due diligence. The analysis draws from three recent HDB resale transactions in the vicinity, which indicates a competitive market yet also highlights the variability in pricing trends. As such, prospective buyers should weigh the immediate advantages of acquiring a property in this sought-after area against the implications of the property’s remaining lease period and the overall market conditions.