3 Room (3S) HDB for Sale in 312 Ubi Avenue 1

The valuation of the HDB 3 Room property located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $397,115, translating to a price per square foot (PSF) of $577. This assessment places the property significantly above the market baseline, reflecting an 18.1% premium. Such a valuation indicates strong demand dynamics in the Geylang area, suggesting that buyers are willing to invest at a higher price point for properties with strategic location advantages and potential future appreciation.

The model confidence for this valuation is categorized as high, bolstered by an analysis of 53 recent HDB resale transactions within the vicinity. This robust data set reinforces the credibility of the valuation and highlights the competitive landscape of the local real estate market. The above-market valuation underscores both the desirability of Geylang as a residential enclave and the impact that the remaining lease term has on buyer perception and investment strategy. In a market where leasehold properties are often scrutinized for their longevity, a 58-year lease still offers a considerable window for capital appreciation, particularly in a locale marked by vibrant community and infrastructural developments.