1 Bed Shophouse (Landed) for Rent in Sims Avenue

The valuation of the 4-room HDB unit located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $374,279, translating to a price per square foot (PSF) of $832. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. Such stability in pricing is indicative of a balanced demand and supply dynamic within the Geylang precinct, a region known for its vibrant culture and strategic proximity to the central business district.

With high model confidence derived from an analysis of 500 recent HDB resale transactions in the vicinity, this valuation underscores the resilience and attractiveness of the Geylang area for potential homeowners and investors alike. The remaining lease of 75 years further enhances the property’s appeal, aligning with the preferences of buyers seeking long-term residency options while considering future resale potential. As the market landscape continues to evolve, the consistent pricing trend observed here serves as a testament to the enduring value of HDB properties in prime locations.