3 Room (3I) HDB for Rent in 11 Upper Boon Keng Road

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 48 years, is pegged at an estimated value of $291,229, translating to a price per square foot (PSF) of $404. This valuation positions the property at a market price that is notably stable, reflecting a 0% difference from the baseline. Such equilibrium suggests that the property is currently aligned with the prevailing market conditions in the area, which is notable given the dynamic nature of the Singapore real estate landscape.

Our analysis is grounded in a robust dataset comprising 101 recent HDB resale transactions within the vicinity, allowing for a comprehensive understanding of local market trends. The high model confidence associated with this valuation underscores the reliability of the data and the analytical methodologies employed. As Geylang continues to evolve with infrastructural developments and urban revitalization efforts, properties such as this HDB unit are likely to attract sustained interest from both homebuyers and investors alike, particularly due to its strategic location and the remaining lease period, which is a critical factor in HDB valuations.