3 Room (3A) HDB for Rent in 101 Aljunied Crescent

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 50 years, stands at an estimated value of $310,944, translating to $431 per square foot (PSF). This valuation reflects a market equilibrium, as evidenced by the 0% difference from the baseline market price, indicating a stable demand and supply dynamic in the area. The valuation is supported by a robust dataset, drawn from 421 recent HDB resale transactions within the vicinity, which underscores the reliability of the estimated value.

In the context of Singapore’s evolving real estate landscape, this particular unit benefits from Geylang's strategic location, characterized by its accessibility and diverse amenities. The remaining lease of 50 years, while on the shorter side for HDB properties, is not uncommon in this precinct and thus has been factored into the current market sentiment. The high model confidence associated with this valuation suggests a strong alignment with market trends, positioning this property as a potentially sound investment for buyers looking to enter the HDB market in a vibrant and culturally rich district.