Common Room (Landed) for Rent in Lorong Marzuki

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 50 years, stands at an estimated value of $94,840 or $474 PSF. This valuation reflects a critical intersection of market demand and the unique characteristics of the property. With a model confidence rated as High, this assessment is substantiated by a thorough analysis of 44 recent HDB resale transactions in the vicinity, ensuring that the valuation is both relevant and reliable.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the property is currently priced at market equilibrium. This stability in pricing may reflect the ongoing demand for HDB units in Geylang, despite the property’s remaining lease. The dynamics of the HDB market in Singapore, particularly in established neighborhoods like Geylang, are influenced by factors such as location, accessibility, and community amenities, all of which contribute to the perceived value of this unit. As the market continues to evolve, potential buyers and investors should remain cognizant of the implications of lease duration on future resale potential, particularly as this unit approaches its mid-term lease expiration.