5-Room HDB for Room Rent: 652 Jalan Tenaga

The valuation of the 5-room HDB unit located in the vibrant district of Geylang reflects a sound investment opportunity within Singapore’s dynamic property landscape. With an estimated value of $114,135, translating to $761 per square foot (PSF), this property maintains a stable market position, exhibiting a 0% difference from the baseline price. This stability indicates that the property aligns well with current market trends, suggesting a balanced demand and supply scenario in the Geylang area.

With a remaining lease of 68 years, this unit benefits from a relatively long tenure, appealing to both homeowners and investors looking for long-term value retention. The model confidence is rated as high, drawing from a substantial dataset of 54 recent HDB resale transactions in the vicinity. This robust analytical framework underscores the reliability of the estimated value, offering potential buyers and investors assurance in their decision-making process amidst the competitive real estate market in Singapore.