3 Bed Terraced House (Landed) for Sale in Macpherson Garden Estate

The valuation of the HDB Executive unit in Geylang, with a remaining lease of 43 years, stands at an estimated value of $640,561, translating to a price per square foot (PSF) of $400. This valuation is particularly noteworthy as it signals an above-market position, with a substantial 415.2% difference from the established baseline. Such an elevated valuation is indicative of increasing demand pressures in the Geylang area, driven by its strategic location and accessibility, which typically attracts both owner-occupiers and investors alike.

The model confidence in this valuation is rated as high, supported by a robust dataset comprising 76 recent HDB resale transactions in the vicinity. This strong data foundation underscores the reliability of the estimated value and reflects prevailing market trends that favor well-located properties with longer remaining leases. As the property market continues to evolve, the dynamics surrounding leasehold properties, particularly those with significant remaining duration, will play a critical role in sustaining their appeal and attractiveness in a competitive landscape.