3 Room (3A) HDB for Sale in 83A Circuit Road

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 92 years, stands at an estimated value of $818,629, translating to a price per square foot (PSF) of $1,118. This valuation is positioned closely to the market price, reflecting a mere 1.3% difference from the baseline. Such a minimal variance indicates a stable demand in the Geylang area, where recent market dynamics have showcased resilience despite broader economic fluctuations.

Our analysis, based on 8 recent HDB resale transactions in the vicinity, reveals a medium level of confidence in this valuation model. The healthy transaction volume suggests a consistent interest in the Geylang locale, which is known for its strategic proximity to key urban amenities and transport nodes. This 3-room unit benefits from a favorable lease tenure, contributing to its appeal among potential buyers who prioritize long-term investment security. As the market continues to evolve, monitoring the interplay between supply and demand will be crucial for stakeholders navigating this vibrant segment of Singapore's real estate landscape.