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

The valuation for the HDB 4-room unit in Geylang, with a remaining lease of 98 years, stands at an estimated value of $103,081, translating to a price per square foot (PSF) of $859. This valuation reflects a market price that is perfectly aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests a resilient demand for HDB properties in this vibrant district, known for its rich cultural tapestry and strategic location within Singapore.

The model confidence for this valuation is rated as high, underscored by a robust analytical foundation derived from 497 recent HDB resale transactions within the vicinity. This substantial data set not only validates the estimated value but also highlights the prevailing market dynamics that are influencing buyer sentiment. As Geylang continues to evolve with ongoing urban developments and enhancements in connectivity, it remains a sought-after locale for both families and investors alike, further solidifying the attractiveness of HDB living in this area.