5 Room (5I) HDB for Sale in 123 Paya Lebar Way

The valuation of the HDB 5 Room unit located in Geylang, with a remaining lease of 52 years, stands at an estimated value of $620,929, translating to $489 PSF. This valuation is notably positioned above the market average, reflecting a significant 25.6% premium when compared to the established baseline in the area. Such a deviation from normative pricing signals a robust demand for HDB properties in this sector, underpinned by Geylang's strategic location and evolving urban landscape.

However, it is essential to note that the confidence in this model’s valuation is categorized as low, derived from a limited dataset of only 7 recent HDB resale transactions in the vicinity. This limited transactional volume may introduce variability into the valuation process, suggesting that potential buyers should exercise caution and conduct comprehensive due diligence. The dynamics of the Geylang property market, particularly with regard to the remaining lease period, also warrant careful consideration, as the diminishing lease may influence future resale potential and buyer sentiment.