Room (HDB) for Rent in 4 Upper Aljunied Lane

The valuation of this HDB 4-room unit in Geylang, set at an estimated value of $74,213 or $464 per square foot, reflects a strategic alignment with current market dynamics. With a remaining lease of 41 years, this property is situated in a neighborhood known for its vibrant cultural tapestry and robust connectivity, making it an attractive option for both investors and owner-occupiers. The valuation remains stable with a market price indicating a 0% difference from the baseline, suggesting a well-calibrated positioning within the competitive landscape of HDB properties in the area.

Drawing insights from 500 recent HDB resale transactions within the vicinity, the model confidence for this valuation is categorized as high. This robustness underscores the reliability of the data and the intrinsic value associated with properties in Geylang. As demand continues to evolve amidst Singapore's dynamic real estate market, understanding the implications of lease duration becomes paramount. The 41-year lease denotes a significant lifespan, offering potential buyers a viable pathway to homeownership while also presenting investment opportunities in an area marked by growth and development.