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

The valuation of the HDB 3-room unit in Geylang, with an estimated value of $283,999 (equating to $406 PSF), reflects a significant stability within the local market dynamics. With a remaining lease of 48 years, this property offers a balanced opportunity for potential homebuyers and investors alike, particularly as Geylang continues to evolve into a vibrant residential enclave. The fact that the market price shows a 0% difference from the baseline indicates a well-calibrated valuation, suggesting that the property is currently priced at market equilibrium.

Our analysis is bolstered by a robust dataset, incorporating insights from 95 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to the model. This high confidence level implies a strong predictive accuracy regarding current market trends and pricing behaviors. The resilience of the Geylang district, characterized by its unique blend of cultural heritage and modern amenities, further enhances the appeal of this property. As such, the valuation not only reflects current market conditions but also positions this HDB unit as a noteworthy consideration for discerning buyers in Singapore's competitive real estate landscape.