4 Room (4S) HDB for Sale in 318 Ubi Avenue 1

The HDB 4-room property located in the vibrant district of Geylang presents a compelling valuation of $473,522, translating to a price per square foot (PSF) of $524. Given the remaining lease of 58 years, this valuation positions the property above the market baseline by a notable 17.2%. Such a premium suggests a strong demand within this locality, indicative of Geylang's ongoing appeal as a sought-after residential area despite the diminishing lease period.

However, it is essential to approach this valuation with caution, as the model confidence is categorized as low, primarily based on a limited dataset comprising only five recent HDB resale transactions in the vicinity. This limited data pool can introduce variability in market trends and pricing accuracy. As such, potential buyers and investors should consider the broader market dynamics and the implications of the remaining lease period on future resale value and demand. In a landscape where leasehold properties are increasingly scrutinized for their longevity, the interplay between Geylang's desirability and the property’s lease duration will be pivotal in shaping future market sentiments.