4 Bed Terraced House (Landed) for Rent in Macpherson Garden Estate

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 43 years, stands at an estimated value of $974,216, translating to a price per square foot (PSF) of $487. This valuation is notably aligned with the baseline market price, indicating a precise equilibrium in the current real estate landscape. The model confidence for this valuation is classified as high, underscoring the reliability of the data derived from a substantial sample size of 499 recent HDB resale transactions in the vicinity.

Geylang, known for its vibrant community and strategic location, continues to demonstrate resilience in the HDB market despite the challenges posed by the remaining lease duration. The zero percent difference from the baseline price reflects a stable demand, suggesting that buyers are willing to invest in properties with a moderate lease period, particularly in desirable districts. As the market evolves, this property’s valuation is indicative of broader trends in the HDB sector, where location and community amenities play a pivotal role in sustaining property values.