3 Room (3I) HDB for Rent in 11 Upper Boon Keng Road

The valuation of the HDB 3 Room property in Geylang, with a remaining lease of 48 years, stands at an estimated value of $291,229, translating to a price per square foot (PSF) of $404. This figure reflects a stable market signal, indicating a 0% difference from the baseline price, which suggests that the property is currently in alignment with prevailing market trends. The high model confidence rating underscores the reliability of this valuation, derived from an extensive analysis of 101 recent HDB resale transactions in the vicinity.

In the context of Geylang's evolving real estate landscape, this valuation highlights the resilience of HDB properties amidst fluctuating market conditions. With a remaining lease of 48 years, potential buyers will find a balanced opportunity, as the long lease term still offers ample living duration despite being below the typical 99-year lease standard. This positioning within a vibrant neighborhood, coupled with consistent demand for HDBs in the area, further solidifies the attractiveness of this investment for both first-time buyers and seasoned investors looking to capitalize on the Geylang locale.