Master Room (HDB) for Rent in 2 Haig Road

The valuation of the HDB 2-room unit in Geylang reflects a current estimated value of $88,454, translating to a price per square foot (PSF) of $442. This valuation is particularly noteworthy given the remaining lease of 49 years, which inherently influences both the perceived value and marketability of the property. The stability of the estimated value, with a market price showing a 0% difference from the baseline, indicates a well-aligned market position, suggesting that the property is competitively priced within its category.

However, it is essential to note the model confidence is categorized as low, which implies a degree of uncertainty in the valuation process. This level of confidence may stem from the limited data pool, relying on only three recent HDB resale transactions in the vicinity. As such, potential investors should consider the broader market dynamics influencing Geylang, including demographic trends, nearby amenities, and future development plans that could enhance or detract from property values over time. The remaining lease duration also plays a critical role in the investment appeal, as it may limit the potential for long-term appreciation in value. Hence, while the current valuation is stable, investors should proceed with a comprehensive understanding of the associated risks and market conditions.