3 Room (3A) HDB for Sale in 102 Potong Pasir Avenue 1

The valuation of the 3-room HDB property located in Geylang, with a remaining lease of 56 years, stands at an estimated value of $383,079, translating to approximately $481 per square foot. This valuation is noteworthy as it reflects a significant premium, being 61.8% above the baseline market price derived from comparable properties in the vicinity. Such a disparity suggests that this particular unit may possess unique attributes or appeal that have driven its valuation above the typical market rates.

However, it is essential to note that the model confidence for this valuation is classified as low, indicating that the data supporting this estimate may not be as robust as desired. The analysis is based on only three recent HDB resale transactions in the area, which may not provide a comprehensive picture of market trends. In a dynamic market like Geylang, characterized by varying demand and leasehold considerations, potential buyers should approach this valuation with a discerning eye, weighing the implications of the remaining lease against the broader market signals.