Studio Bungalow (Landed) for Sale in Potong Pasir Avenue 3

The recent valuation of the HDB Executive unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $4,203,114, translating to a price per square foot of $701. This valuation is notably positioned above the current market baseline, exhibiting a remarkable 309.5% divergence. Such a substantial premium indicates robust demand dynamics in the area, underscoring Geylang's appeal as a vibrant urban enclave characterized by a blend of cultural richness and accessibility to essential amenities.

The model confidence for this valuation is categorized as high, supported by a comprehensive analysis of 40 recent HDB resale transactions in the vicinity. This data not only reinforces the accuracy of the estimated value but also highlights the growing trend of HDB properties in desirable locales commanding significant premiums. As the market continues to evolve, the longevity of the remaining lease coupled with the strategic location of this HDB unit positions it as a compelling investment opportunity amidst Singapore's competitive real estate landscape.