3-Room HDB for Room Rent: 107A Bidadari Park Drive

The valuation of the HDB 3 Room unit in Geylang, with a remaining lease of 94 years, stands at an estimated value of $133,623, translating to a price per square foot (PSF) of $1,114. This valuation is notably aligned with the current market dynamics, as it reflects a market price with a 0% difference from the baseline, indicating a stable and balanced demand-supply equation in the area. Such equilibrium suggests that buyers and sellers are well-aligned in their expectations, further affirming the robustness of the local property market.

Our analysis is supported by a comprehensive review of 45 recent HDB resale transactions in the vicinity, yielding high model confidence in the valuation. The remaining lease period of 94 years is particularly advantageous, as it enhances the property's appeal to potential buyers seeking long-term investment. In a market where lease duration can significantly influence buyer sentiment, this particular unit stands out as a viable option for both first-time homeowners and seasoned investors looking to capitalize on the enduring value of HDB properties in Geylang.