2 Bed Corner Terrace (Landed) for Rent in Macpherson Garden Estate

The valuation of the HDB Executive unit in Geylang, with a remaining lease of 43 years, stands at an estimated value of $598,283, translating to an impressive $399 per square foot (PSF). This valuation is grounded in comprehensive market analysis, incorporating data from 37 recent HDB resale transactions within the vicinity. The model confidence for this assessment is classified as high, reinforcing the reliability of the estimated value amidst the current market dynamics.

Significantly, the property reflects a market price that shows no deviation (0% difference) from the baseline, indicating a stable valuation in the context of the current economic climate. This stability may be attributed to the enduring demand for HDB properties in Geylang, coupled with its strategic location and accessibility. As the remaining lease dwindles, potential buyers may weigh the long-term implications of lease tenure against the immediate appeal of the property, suggesting a nuanced approach to investment in the HDB market.