3-Room HDB for Room Rent: 63 Kallang Bahru

The valuation of the HDB 3-room property located in Geylang, with a remaining lease of 46 years, stands at an estimated value of $135,633, translating to a price per square foot (PSF) of $543. This valuation reflects a market price that is consistent with the baseline, indicating a stable environment for HDB properties in this locale. The findings are based on an analysis of 10 recent HDB resale transactions in the vicinity, which provide a reliable benchmark for assessing current market trends.

With the remaining lease of 46 years, this property demonstrates a moderate risk profile in terms of long-term investment potential, as properties with shorter leases tend to attract lower valuations. However, the market signal suggesting a 0% difference from the baseline indicates a resilient demand for HDBs in Geylang, a district known for its vibrant community and accessibility. The medium model confidence reflects the inherent variability in property valuations, yet reinforces the reliability of the underlying data supporting this assessment. As such, potential investors should consider both the lease tenure and prevailing market conditions when evaluating this property as part of their portfolio.