Common Room (HDB) for Rent in 311 Ubi Avenue 1

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 58 years, stands at an estimated value of $101,345, translating to a price per square foot (PSF) of $676. This valuation reflects a critical alignment with the current market price, indicating a 0% difference from the baseline. Such equilibrium suggests that the property is competitively priced within the local market, particularly given the high confidence level of the model, which is based on an extensive analysis of 500 recent HDB resale transactions in the vicinity.

In the context of Singapore's property landscape, the remaining lease of 58 years plays a pivotal role in influencing buyer sentiment and investment potential. The Geylang area, known for its vibrant culture and strategic location, continues to attract interest from both homeowners and investors. As the market dynamics evolve, this valuation not only underscores the stability of HDB prices in the region but also highlights the significance of lease tenure in shaping property desirability. Buyers can expect a balanced investment opportunity, with the potential for future appreciation in value as the area continues to develop.