3 Room (3STD) HDB for Rent in 60 Circuit Road

The valuation of the HDB 3 Room property located in the vibrant district of Geylang, with a remaining lease of 42 years, stands at an estimated value of $320,624, translating to a price per square foot (PSF) of $334. This valuation reflects a market price that is currently on par with the established baseline, indicating a stable yet cautious market environment. The absence of any significant price deviation suggests that buyer sentiment in this area remains neutral, with potential for incremental adjustments as the market adapts to prevailing economic conditions.

However, it is critical to note the low model confidence associated with this valuation, which stems from a limited dataset of only seven recent HDB resale transactions in the vicinity. This factor underscores the importance of considering broader market dynamics, including leasehold tenure implications and neighborhood desirability, which can substantially influence buyer decisions. As we observe the evolving landscape of Geylang, stakeholders should remain vigilant of external economic factors and their potential impact on property values in this unique urban setting.