5 Room (5I) HDB for Rent in 3A Upper Boon Keng Road

The valuation of the HDB 5 Room unit in Geylang, with a remaining lease of 79 years, stands at an estimated value of $1,128,250, translating to a price per square foot (PSF) of $953. This valuation is particularly significant as it reflects a market price that shows no deviation from the baseline, indicating a stable pricing environment in the locality. Such stability is often indicative of a balanced supply and demand situation, where buyer sentiment aligns closely with seller expectations, thus facilitating consistent transactional activity.

Analyzing the recent sales data, the model's confidence level is categorized as medium, relying on insights drawn from eight comparable HDB resale transactions within the vicinity. This analytical approach underscores the importance of local market dynamics, where Geylang's appeal, driven by its strategic location and amenities, continues to attract potential buyers. As the remaining lease stands at a healthy 79 years, this unit not only offers longevity but also positions itself favorably against other competing properties in the market, ensuring sustained interest and value retention over time.