3-Room HDB for Room Rent: 302 Ubi Avenue 1

The valuation of the 3-room HDB property located in Geylang, with a remaining lease of 60 years, showcases a calculated estimated value of $77,628, translating to a price per square foot (PSF) of $518. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference from the standard market rate. Such a stability in pricing suggests a well-balanced demand and supply dynamic within this vibrant neighborhood, known for its rich cultural tapestry and strategic connectivity.

Having analyzed a comprehensive dataset derived from 421 recent HDB resale transactions in the vicinity, the model confidence in this valuation is categorized as high. This robust confidence level is underpinned by the consistent performance of HDB properties in Geylang, which has historically demonstrated resilience in the face of fluctuating market conditions. The remaining lease of 60 years is a critical factor, as it positions the property within a favorable timeframe for prospective buyers looking for a balance between investment potential and livability. As the market continues to evolve, this property stands as a testament to the enduring appeal of HDB living in one of Singapore's most dynamic districts.