4 Room (4A) HDB for Sale in 118A Alkaff Crescent

The valuation of the HDB 4 Room unit in Geylang, with a remaining lease of 92 years, stands at an estimated value of $1,087,236, translating to a price per square foot of $1,086. This valuation is underpinned by a robust analytical framework, incorporating data from 152 recent HDB resale transactions in the vicinity. The model confidence is rated as high, reflecting a strong alignment with current market conditions and historical pricing trends.

The market signal indicates a 1.2% difference from the baseline, suggesting that the property is competitively priced relative to recent sales in the area. This slight premium can be attributed to Geylang's strategic location and its ongoing transformation, which continues to enhance its appeal among both owner-occupiers and investors. The remaining lease of 92 years further solidifies the investment potential, as properties with extended leases are typically favored in the HDB market, ensuring sustained demand. Overall, this valuation not only highlights the resilience of the Geylang property market but also underscores the enduring attractiveness of HDB living in Singapore.