2 Bed Semi-Detached House (Landed) for Rent in Lengkong Dua

The valuation of the HDB Executive apartment located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $1,178,399, translating to $684 PSF. This assessment reflects a market price that is consistent with the baseline, indicating a balanced demand and supply scenario within the Geylang precinct. The model confidence for this valuation is classified as High, bolstered by an extensive analysis of 76 recent HDB resale transactions in the vicinity, which provides a robust framework for understanding current market dynamics.

In the context of Singapore's evolving real estate landscape, Geylang continues to attract interest due to its strategic location and vibrant community atmosphere. The remaining lease of 75 years positions this property favorably for both owner-occupiers and investors, as it offers ample time for appreciation while appealing to a broad demographic. Given the lack of price variance from the baseline, it suggests a stabilizing market, where properties are maintaining their value amidst fluctuating economic conditions. This trend underscores the attractiveness of HDB Executive units in Geylang, reinforcing the overall desirability of the area as a prime residential choice.