3 Room (3NG) HDB for Sale in 117 Potong Pasir Avenue 1

The valuation of the HDB 3-room unit located in Geylang has been assessed at an estimated value of $391,779, translating to a price per square foot of $543. This valuation is noteworthy, as it reflects a robust market signal that is 23.8% above the baseline, indicating a strong demand and competitive pricing within this segment of the HDB market. The high model confidence of this valuation is supported by an extensive analysis of 90 recent HDB resale transactions in the vicinity, ensuring a reliable and data-driven perspective.

With a remaining lease of 57 years, this property occupies a unique position in the market. The Geylang area has consistently demonstrated a resilient demand for HDB units, driven by its strategic location and vibrant community amenities. The above-market valuation suggests that buyers are willing to invest more significantly in properties with favorable lease durations and desirable locations, reflecting a growing trend where proximity to urban conveniences and lifestyle offerings plays a pivotal role in property acquisition decisions. As such, this HDB unit not only represents a solid investment but also highlights the evolving dynamics of the Singapore real estate market.