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

The valuation of the 3-room HDB unit located in Geylang, with a remaining lease of 53 years, has been estimated at $375,017, translating to a price per square foot (PSF) of $513. This valuation is notable for being significantly above the market baseline, with a variance of 30.7%. Such a premium positioning suggests that this property may be influenced by local market dynamics and specific buyer preferences that extend beyond typical valuation metrics.

However, it is crucial to approach this valuation with caution, as the model confidence is categorized as low. This rating arises from the limited data pool, based on only three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends. Factors such as the remaining lease duration, which stands at 53 years, play a pivotal role in the long-term investment viability of the property. As Geylang continues to evolve with urban developments and changing demographics, potential buyers should weigh the unique characteristics of this property against a backdrop of fluctuating market sentiments and leasehold considerations.