5 Room (5I) HDB for Rent in 42A Sims Drive

The valuation of the 5-room HDB property in Geylang, with a remaining lease of 75 years, stands at an estimated value of $940,778, translating to a price per square foot (PSF) of $717. This valuation reflects a stable market position, with a market price that aligns precisely with the baseline, indicating no deviation in market sentiment at this time. Such equilibrium showcases the resilience of the Geylang property market, which has been buoyed by consistent demand and a variety of amenities that appeal to both families and investors.

Our analysis is underpinned by a robust dataset comprising 135 recent HDB resale transactions within the vicinity, which reinforces the high confidence level of this model. The Geylang area, known for its strategic location and vibrant cultural landscape, continues to attract a diverse demographic, thus sustaining property values. With 75 years remaining on the lease, potential buyers can expect a significant lifespan for their investment, making this property an appealing option in a competitive market.