5 Room (5I) HDB for Sale in 311 Ubi Avenue 1

The valuation of the 5-room HDB property in Geylang, with a remaining lease of 58 years, has been estimated at $710,458, translating to a price per square foot (PSF) of $541. This valuation positions the property above the current market baseline by 5.6%, indicating robust demand and competitive pricing within the Geylang precinct. The high model confidence rating reinforces the reliability of this valuation, drawing from a substantial dataset comprising 37 recent HDB resale transactions in the surrounding area.

As the Geylang district continues to evolve, characterized by its vibrant cultural tapestry and strategic connectivity, the property benefits from a unique blend of accessibility and lifestyle appeal. The remaining lease of 58 years is a critical factor, as it balances between providing potential homeowners adequate time for investment appreciation while also appealing to buyers sensitive to leasehold durations. The upward market signal suggests a strong buyer interest, potentially fueled by Geylang's ongoing urban redevelopment initiatives and its proximity to key amenities, thereby enhancing the property’s long-term value proposition.