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

The valuation of the 4-room HDB unit in Geylang, currently estimated at $473,522 or $524 per square foot, indicates a significant divergence from the baseline market trends, reflecting a premium of 17.2%. This above-market valuation can be attributed to various factors inherent to the Geylang precinct, which is characterized by its vibrant community, accessibility to amenities, and its strategic location within Singapore. However, it is essential to note that the property has a remaining lease of 58 years, which could influence its desirability and long-term value appreciation.

Despite the attractiveness of the location and the premium pricing, the model confidence regarding this valuation remains low, primarily due to the limited data pool drawn from just five recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to potential volatility in future valuations. As such, potential buyers and investors are advised to weigh the current market signals and lease duration carefully, as these elements will be crucial in determining the property's long-term investment viability.