5 Room (5I) HDB for Sale in 648 Jalan Tenaga

The valuation of the HDB 5-room unit located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $978,015, translating to a price per square foot (PSF) of $739. This valuation is indicative of a favorable market condition, particularly given the significant 9.1% difference from the baseline, categorizing this property as a Good Deal. Such a positive variance underscores the demand dynamics in the Geylang area, which has consistently attracted homebuyers seeking both investment potential and lifestyle amenities.

With a robust model confidence rating of High, this valuation is substantiated by an analysis of 143 recent HDB resale transactions within the vicinity, providing a comprehensive understanding of market trends and buyer sentiment. The longevity of the remaining lease is a critical factor, as properties with 75 years left typically retain considerable interest among prospective homeowners and investors alike, especially in a vibrant district such as Geylang. As the market evolves, this property represents not only a sound investment opportunity but also a strategic acquisition in one of Singapore’s most dynamic real estate landscapes.