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

The valuation of the HDB 5 Room unit in Geylang, with a remaining lease of 79 years, is estimated at $1,128,250, translating to a price per square foot (PSF) of $953. This valuation presents a noteworthy opportunity in the current market landscape, especially considering the 6.9% variance from the baseline pricing, which classifies this property as a 'Good Deal.' Such a differential indicates a favorable entry point for potential buyers seeking to invest in an area that boasts both cultural vibrancy and strategic connectivity.

However, it is essential to note the model's confidence level is categorized as low, suggesting that while the data from four recent HDB resale transactions in the vicinity provides a foundation for this valuation, market fluctuations and unique property characteristics could significantly influence actual sale outcomes. Prospective buyers should weigh the implications of the remaining lease duration, as the diminishing lease term may affect long-term investment potential and resale viability. Therefore, an in-depth analysis of both current market conditions and personal investment objectives is paramount when considering this opportunity in Geylang.