3 Room (3I) HDB for Rent in 12 Upper Boon Keng Road

The valuation of the HDB 3-room property located in Geylang, with a remaining lease of 47 years, stands at an estimated value of $316,158, translating to a price per square foot of $392. This valuation reflects a significant alignment with the current market price, showcasing a 0% difference from the baseline. Such stability in pricing signals a balanced market environment, where demand and supply are in equilibrium, making this property an attractive option for potential buyers and investors alike.

With model confidence rated as high, this valuation is substantiated by an extensive analysis of 114 recent HDB resale transactions in the vicinity. The consistency in pricing and the solid demand for properties in Geylang, coupled with the relatively long remaining lease, suggest that this area remains a desirable locale for both homebuyers and investors. The dynamics of the HDB market in this region indicate resilience and potential for future appreciation, reinforcing Geylang’s standing as a competitive choice in Singapore's real estate landscape.