3 Room (3I) HDB for Rent in 67 Kallang Bahru

The valuation of the HDB 3 Room unit in Geylang, with a remaining lease of 46 years, stands at an estimated value of $255,915, translating to a price per square foot (PSF) of $397. This valuation reflects a strong market signal, as it registers a 0% difference from the baseline market price, suggesting that the property is positioned precisely within the current market equilibrium. With a model confidence rating of high, this valuation is substantiated by a comprehensive analysis of 421 recent HDB resale transactions in the vicinity, ensuring a robust comparative basis for the assessment.

In the context of Singapore's dynamic real estate landscape, the remaining lease of 46 years is particularly noteworthy. Properties with a lease of this duration typically maintain a stable demand, appealing to both first-time buyers and investors looking for potential appreciation in value over time. Geylang, known for its vibrant cultural tapestry and strategic location, further enhances the desirability of this unit. As market dynamics continue to evolve, this valuation underscores the importance of understanding both leasehold implications and local market trends, making it an opportune moment for stakeholders to engage with this asset.