5-Room HDB for Room Rent: 139 Potong Pasir Avenue 3

In our latest valuation for a 5-room HDB unit located in the vibrant district of Geylang, we have estimated its value at approximately $51,858, translating to a price per square foot (PSF) of $519. This valuation is underpinned by a robust market analysis, taking into account recent trends and the performance of 36 comparable HDB resale transactions in the vicinity. With a remaining lease of 57 years, this property presents a compelling opportunity for both homeowners and investors, reflecting a stable market position with no deviation from the current baseline pricing.

The analysis indicates a strong confidence level in the model, categorized as high, suggesting that the current market conditions are conducive for both buyers and sellers. Geylang, known for its unique blend of culture and convenience, continues to attract interest, thus reinforcing the stability of HDB values in the area. As leasehold properties age, the remaining lease term plays a pivotal role in valuation metrics, and in this case, the 57-year lease remains favorable, ensuring the property retains its appeal in a dynamic market landscape.