3 Room (3NG) HDB for Sale in 109 Potong Pasir Avenue 1

The valuation of the three-room HDB unit in Geylang, with a remaining lease of 56 years, indicates an estimated value of $451,287, translating to a price per square foot (PSF) of $567. This valuation is notably above the market baseline, reflecting a substantial premium of 29.1%. Such a divergence from typical market values suggests that factors unique to this property or the surrounding area may be influencing its desirability and pricing.

However, it is imperative to exercise caution, as the model confidence in this valuation is rated as low, derived from an analysis of only six recent resale transactions within the vicinity. This limited data pool may not fully capture broader market dynamics or shifts in buyer sentiment. As Geylang continues to evolve as a vibrant neighborhood with potential for growth, the remaining lease period of 56 years also plays a critical role in shaping buyer perceptions and investment strategies. Stakeholders should consider both the immediate market signals and long-term lease implications when evaluating this property.