3-Room HDB for Room Rent: 108B Bidadari Park Drive

The valuation of the HDB 3 Room in Geylang, with a remaining lease of 94 years, stands at an estimated value of $137,553, translating to a price per square foot (PSF) of $1,146. This pricing reflects a market equilibrium, indicated by a 0% difference from the baseline. Such stability in value suggests that the property is well-positioned within its segment, making it attractive to both potential buyers and investors. The high model confidence, derived from an analysis of 45 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation.

Geylang's real estate market has exhibited notable resilience, particularly in the HDB segment, where demand remains robust despite broader economic fluctuations. The remaining lease of 94 years is significant, as it provides a substantial buffer for prospective buyers who prioritize long-term investment potential. As the urban landscape continues to evolve, Geylang's strategic location and vibrant community dynamics further enhance the desirability of such properties, reinforcing the notion that this HDB unit is not merely a residence, but a valuable asset in Singapore's competitive property market.