5-Room HDB for Room Rent: 311 Ubi Avenue 1

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 58 years, stands at an estimated value of $87,156, equating to $581 PSF. This valuation is reflective of the current market dynamics, where the property demonstrates a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests that the property is well-positioned within its competitive landscape, appealing to both homebuyers and investors alike.

Our analysis, grounded in robust data from 136 recent HDB resale transactions in the vicinity, reveals a high level of confidence in this valuation model. The enduring lease period of 58 years plays a crucial role in the property's attractiveness, as it provides a substantial timeframe for owners to enjoy their investment before lease expiry becomes a factor. With the Geylang area continuing to evolve and develop, the strategic location may further enhance the property’s long-term value, making it a compelling opportunity in Singapore's dynamic real estate market.