4-Room HDB for Room Rent: 224C Mount Vernon Road

This HDB 4-room unit in the vibrant district of Geylang, with a remaining lease of 98 years, presents a compelling investment opportunity within the current market landscape. The estimated value of $128,851, translating to a price per square foot (PSF) of $859, reflects a stable market position, as evidenced by a 0% variance from baseline pricing. This stability indicates a balanced demand and supply scenario for HDB properties in the area, suggesting that the valuation aligns well with prevailing market sentiments.

The model confidence in this valuation is rated as high, supported by a robust dataset of 497 recent HDB resale transactions within the vicinity. This extensive analysis not only enhances the reliability of the estimated value but also underscores the competitive positioning of this property amidst similar offerings. As Geylang continues to be a sought-after locale for both homebuyers and investors, the longevity of the remaining lease further bolsters the attractiveness of this asset, making it a prudent choice for those looking to capitalize on the enduring appeal of HDB living in Singapore.