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

The valuation of the HDB 5-room property located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $556,712, translating to $424 per square foot (PSF). This valuation indicates a significant market signal, as it is positioned 34.7% above the baseline. Such a premium suggests heightened demand in this particular locale, likely influenced by Geylang's strategic location and its proximity to various amenities, transport links, and vibrant lifestyle offerings.

However, it is essential to note that the model confidence for this valuation is classified as low, based on a limited dataset comprising only one recent HDB resale transaction in the vicinity. This scarcity of transactional data may contribute to potential fluctuations in the estimated value, thereby necessitating a cautious approach for prospective buyers and investors. With the remaining lease of 58 years, the property is positioned within a critical threshold that could impact future resale potential and buyer interest, making it imperative to closely monitor market trends and leasehold dynamics as they evolve.