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

The valuation of the HDB 3-room unit located in the vibrant precinct of Geylang is estimated at $292,688, translating to a competitive $406 PSF. With a remaining lease of 48 years, this property sits within a dynamic market characterized by a balanced demand and supply equilibrium, as indicated by a market price showing a 0% difference from the baseline. This stability in pricing reflects the resilience of Geylang as a sought-after residential locale, buoyed by its strategic position and accessibility.

The analysis is grounded in a robust dataset, having considered 96 recent HDB resale transactions in the vicinity, reinforcing our confidence in this valuation model, which is rated as high confidence. With Geylang's evolving urban landscape and continued infrastructural developments, the property holds potential for future appreciation, particularly as demographics shift and urban renewal projects unfold. Investors and homeowners alike will find this valuation to be a sound reflection of current market conditions, emphasizing the enduring appeal of HDB living in this vibrant neighborhood.