3 Room (3NG) HDB for Sale in 108 Aljunied Crescent

This valuation report presents an analytical overview of a 3-room HDB property located in the vibrant district of Geylang, with a remaining lease of 53 years. The estimated value stands at $375,017, translating to $513 per square foot (PSF). The valuation indicates a market signal that is categorized as “Above Market,” reflecting a notable 20% deviation from the established baseline. This premium pricing suggests robust demand dynamics within the Geylang locality, which is often characterized by its strategic location and proximity to essential urban amenities.

However, it is important to note that the model confidence for this valuation is classified as low, primarily stemming from the limited dataset comprising just three recent HDB resale transactions in the vicinity. Such a narrow data pool may introduce variability in market trends and price fluctuations, warranting a cautious approach for potential buyers and investors. As the Geylang area continues to evolve, with ongoing developments and infrastructural enhancements, the implications for long-term lease sustainability and property appreciation could be significant. Investors should remain attuned to these market dynamics while considering the remaining lease period, which plays a crucial role in the long-term value proposition of HDB properties.