Terraced House for Room Rent: Ensuite Master Room @ Kembangan/Eunos

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $173,679, translating to a price per square foot (PSF) of $695. This valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference. The stability in pricing suggests a balanced demand and supply dynamic within the Geylang area, which is characterized by its vibrant community and strategic location.

With a model confidence rating of high, this valuation is supported by a robust analysis of 41 recent HDB resale transactions in the vicinity. The consistent transaction activity underscores the attractiveness of Geylang as a residential choice, particularly for first-time buyers and investors seeking value in a well-established neighbourhood. The remaining lease of 75 years also plays a crucial role in this valuation, as properties with longer leases typically command stronger buyer interest and contribute to a more resilient market performance over time.