Master Room (HDB) for Rent in 104 Potong Pasir Avenue 1

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 57 years, stands at an estimated value of $106,285, translating to a price per square foot (PSF) of $590. This valuation reflects a neutral market signal, indicating a 0% difference from the baseline. Such stability in pricing suggests that the property is positioned in a competitive market, where demand and supply are in equilibrium. The low model confidence rating, however, may indicate potential volatility or uncertainty in future valuations, warranting careful consideration by prospective buyers and investors alike.

Recent data derived from six comparable HDB resale transactions in the vicinity supports this valuation, offering a snapshot of market dynamics that can influence future pricing trends. The remaining lease period of 57 years adds a layer of complexity to the valuation, as properties with shorter leases may experience depreciation in market value as the lease term diminishes. However, Geylang's vibrant locale and accessibility may contribute positively to the demand for such units, balancing the lease concerns. Investors should remain cognizant of both the immediate market conditions and the long-term implications of the lease duration on future resale potential.