4 Bed Terraced House (Landed) for Rent around Jalan Suka

The valuation of the HDB 3-room unit located in Geylang presents a nuanced picture, particularly given its remaining lease of -79 years, which places it in a unique position within the current market dynamics. With an estimated value of $429,743, translating to $537 per square foot, this property is aligned with the baseline market price, indicating stability amidst the complexities of the HDB resale landscape.

The model confidence for this valuation is noted as low, suggesting caution in interpreting the data. This is primarily due to the limited number of comparable transactions in the vicinity—only three recent HDB sales have been analyzed to arrive at this estimate. Such a small sample size can lead to potential fluctuations in perceived value based on outliers or market sentiment. Furthermore, the negative remaining lease term raises considerations regarding future marketability and financing options, which are critical for prospective buyers.

Key Considerations:

• Remaining Lease: -79 years, significantly impacting long-term valuation.
• Market Signal: Price stability at baseline indicates a balanced demand-supply scenario.
• Model Confidence: Low, emphasizing the need for further market analysis.