3 Room (3NG) HDB for Rent in 111 Aljunied Crescent

The valuation of the HDB 3-room unit located in Geylang, with a remaining lease of 55 years, stands at an estimated value of $417,782, translating to a price per square foot (PSF) of $475. This valuation indicates a market price that is in line with the baseline, reflecting a 0% difference from the established market benchmarks. Such stability in pricing suggests a resilient demand for HDB properties in this vibrant neighborhood, characterized by its rich cultural tapestry and strategic connectivity.

The model confidence for this valuation is categorized as high, reinforced by an analysis of 420 recent HDB resale transactions in the vicinity. This robust dataset allows for a comprehensive understanding of market dynamics, highlighting both the desirability of the Geylang area and the potential for value retention in properties with a remaining lease of over five decades. As the urban landscape evolves, Geylang continues to attract interest from various demographics, indicating that properties within this locality may maintain their appeal well into the future, despite the progressing lease term.