4-Room HDB for Room Rent: 660 Jalan Tenaga

The valuation of the HDB 4-room unit located in the vibrant district of Geylang, with a remaining lease of 68 years, stands at an estimated value of $92,951, translating to a price per square foot of $775. This valuation is particularly noteworthy as it reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such stability suggests a balanced market environment, where demand is matching supply effectively, thereby reinforcing the property's value against market fluctuations.

Our analysis is underpinned by a robust dataset derived from 38 recent HDB resale transactions in the vicinity, which has allowed for a high level of confidence in this valuation. The Geylang area, known for its rich cultural tapestry and strategic connectivity, continues to attract both homeowners and investors alike. As the remaining lease is a critical factor in HDB valuations, the 68-year lease offers potential buyers a substantial tenure, while also ensuring that the property remains competitive within the current market landscape. The high model confidence reflects a solid consensus among comparable sales, further reinforcing the resilience of the Geylang HDB market.