3 Room (3A) HDB for Rent in 102 Aljunied Crescent

The valuation of the 3-room HDB unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $441,598, translating to a price per square foot of $631. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand for HDB properties in this sought-after locale. Geylang, known for its vibrant cultural tapestry and strategic proximity to the Central Business District, continues to attract a diverse demographic, bolstering the resilience of its property values.

However, the model confidence for this valuation is categorized as low, suggesting that the market dynamics may be influenced by several factors, including economic fluctuations and shifts in buyer sentiment. The analysis is supported by three recent HDB resale transactions in the vicinity, which provide a reference point for this valuation. As the remaining lease length plays a crucial role in HDB pricing, potential buyers should consider the implications of the 75-year lease on future resale value and marketability, particularly in an evolving real estate landscape.