5 Room (5I) HDB for Sale in 2A Upper Boon Keng Road

The valuation of the HDB 5-room unit located 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 reflects a favorable market signal, classified as a "Good Deal," with a notable 6.9% difference from the baseline. Such a differential indicates potential for capital appreciation, especially in a vibrant district like Geylang that benefits from its strategic proximity to key urban amenities and transport links.

The model confidence for this valuation is rated as medium, which is underpinned by an analysis of eight recent HDB resale transactions in the vicinity. The current market dynamics suggest a robust demand for HDB units in this area, driven by both owner-occupiers and investors seeking to capitalize on the long-term leasehold nature of these properties. The remaining lease of 79 years positions this unit favorably within the market, appealing to prospective buyers who prioritize both livability and investment potential in a rapidly evolving real estate landscape.