2 Bed Conservation House (Landed) for Rent in Sixteen35 Residences

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 94 years, stands at an estimated value of $910,793, translating to a price per square foot (PSF) of $737. This valuation is notably aligned with the market price, showing a 0% difference from the baseline. Such stability in pricing suggests that the property is well-positioned within the current market dynamics, reflecting a robust demand for HDB units in this sought-after locale.

Based on an extensive analysis of 141 recent HDB resale transactions in the vicinity, our model confidence is rated as high. This confidence level indicates a reliable assessment, supported by strong comparable sales data. The remaining lease period of 94 years contributes positively to the property's appeal, ensuring long-term occupancy potential and investment viability. As the Geylang area continues to evolve, characterized by a blend of residential and commercial developments, the demand for HDB units remains resilient, making this property a valuable consideration for prospective buyers.