8 Bed Bungalow (Landed) for Sale in Lengkong Empat

The valuation of the HDB Executive in Geylang, with a remaining lease of 75 years, stands at an estimated value of $5,454,118, translating to a price per square foot (PSF) of $682. This figure notably exceeds the baseline market value by 118%, indicating a robust demand for executive HDB flats in this vibrant precinct. Such a significant premium suggests that buyers are willing to pay more for properties that offer not only spacious living conditions but also the advantages associated with Geylang's strategic location, connectivity, and lifestyle offerings.

Our analysis is reinforced by a high model confidence, derived from 37 recent HDB resale transactions in the vicinity, which reflect strong market dynamics favoring executive flats. This premium positioning can be attributed to several factors, including the limited supply of large-format HDB units, the ongoing gentrification of the Geylang area, and its appeal as a residential locale with both cultural richness and accessibility. As the Singapore real estate market continues to evolve, properties like this executive HDB are likely to remain highly sought after, underscoring the importance of lease tenure and location in driving valuation in the HDB sector.