3 Room (3STD) HDB for Rent in 121 Potong Pasir Avenue 1

The valuation of the HDB 3 Room property located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $375,450, translating to a price per square foot (PSF) of $465. This valuation is indicative of a market that remains stable with no significant deviation from the baseline price, reflecting a 0% difference. Such stability suggests a cautious yet steady demand for HDB properties within this locality, which is often characterized by its vibrant community and accessibility to various amenities.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction available in the vicinity. This scarcity of data can lead to potential inaccuracies in forecasting future market movements. As such, prospective buyers and investors should exercise due diligence and consider the implications of the remaining lease period, as it can significantly impact the property's long-term value and resale potential. The Geylang area, while appealing for its central location, may also encounter fluctuations in demand influenced by broader economic factors and demographic trends.