3 Room (3A) HDB for Rent in 21 Eunos Crescent

The HDB 3-room unit located in Geylang, with a remaining lease of 49 years, has been valued at an estimated $292,254, translating to a price per square foot (PSF) of $365. This valuation is particularly significant as it reflects a market price that is aligned at 0% difference from the baseline, indicating a stable pricing environment for similar properties in the area. The valuation is drawn from an analysis of 15 recent HDB resale transactions within the vicinity, providing a robust dataset for comparative assessment.

The medium confidence level associated with this model suggests a moderate degree of certainty in the valuation, which is influenced by various market dynamics including supply-demand trends, local amenities, and the overall economic sentiment in Singapore's real estate landscape. As Geylang continues to evolve, with enhancements in infrastructure and accessibility, properties within this locale may witness varying degrees of appreciation, particularly as buyers weigh the implications of a remaining lease of 49 years. Investors and homeowners should consider these factors carefully as they evaluate the long-term potential of their investment in the context of the prevailing market conditions.