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

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $386,450, translating to a price per square foot (PSF) of $479. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a well-balanced equilibrium in the current real estate landscape. Such stability is indicative of sustained demand in the Geylang area, a region known for its vibrant cultural tapestry and accessibility to key amenities.

Our analysis is underpinned by a robust model confidence rating of high, derived from a comprehensive examination of 418 recent HDB resale transactions within the vicinity. The data suggests a consistent trend in buyer sentiment, aligning with the inherent value of properties within this locale. As the remaining lease of 57 years continues to be a significant factor in the valuation, it is pertinent to note that potential buyers may weigh the implications of lease tenure against the benefits of Geylang’s strategic location and lifestyle offerings. This dynamic interplay highlights the importance of understanding both market conditions and property fundamentals in achieving informed investment decisions.