4-Room HDB for Room Rent: 340 Ubi Avenue 1

The valuation of the 4-room HDB unit located in the vibrant district of Geylang reflects a well-calibrated assessment of current market dynamics and property fundamentals. Priced at an estimated value of $56,220, translating to $525 per square foot (PSF), this property showcases a stable market signal, indicating no deviation from the baseline price. Such pricing suggests a balanced demand and supply scenario within the Geylang precinct, underscored by the strong confidence level of the model employed, which is rated as high.

With 58 years remaining on the lease, the property holds considerable value for prospective buyers who are increasingly discerning about lease tenure. The Geylang area, known for its rich cultural tapestry and proximity to key amenities, continues to attract interest, as evidenced by the analysis of 128 recent HDB resale transactions in the vicinity. The zero percent difference from the baseline price further indicates a robust market environment, where buyers are willing to transact at established valuations, thereby reinforcing the sustainability of HDB investments in this locale.