3 Room (3S) HDB for Rent in 48 Circuit Road

The valuation of the HDB 3 Room property in Geylang, with a remaining lease of 42 years, stands at an estimated value of $212,861, translating to a price per square foot (PSF) of $327. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within the vicinity. The property has garnered attention due to its strategic location in Geylang, a district known for its vibrant community and accessibility to essential amenities.

However, it is important to note that the model confidence for this valuation is categorized as low. This is primarily based on a limited number of recent resale transactions—only six in total—indicating a potential volatility in the market dynamics. As the remaining lease period decreases, buyer sentiment may shift, impacting future valuations. Investors should consider the implications of the lease duration alongside current market conditions, as they play a crucial role in determining the long-term viability of investment in this segment.