4 Room (4A) HDB for Sale in 15 Joo Seng Road

The current valuation of the HDB 4 Room unit in Geylang, estimated at $520,244 or $474 PSF, reflects a significant market signal, positioning it 34.6% above the baseline value. This premium valuation may suggest a robust demand for HDB properties in this vibrant district, despite the remaining lease of only 57 years. The Geylang area has historically been a sought-after locale, known for its strategic proximity to both the Central Business District (CBD) and various amenities, which may contribute to the observed price elevation.

However, it is important to note the low confidence level associated with this valuation, derived from a sparse dataset comprising only one recent HDB resale transaction in the vicinity. Such limited market activity can often lead to volatility in price estimations. Investors should exercise caution, considering the implications of the remaining leasehold period, which could influence both future marketability and resale potential. As the landscape of Singapore's property market evolves, further transactions in the area will be crucial in establishing a more accurate and reliable valuation framework.