Room (HDB) for Rent in 121 Paya Lebar Way

The valuation of the HDB 2-room unit located in Geylang, with a remaining lease of 75 years, reflects a current estimated market value of $203,403, equating to $678 per square foot (PSF). This analysis is grounded in a comprehensive review of 40 recent HDB resale transactions within the vicinity, which provides a robust dataset to inform our valuation. The model confidence is categorized as high, indicating a strong alignment between the estimated value and the prevailing market conditions.

Notably, the market price exhibits a 0% difference from the baseline, suggesting that the property is priced in line with current market expectations. This stability in pricing is indicative of a balanced supply-demand dynamic in the Geylang area, where the desirability of HDB living continues to attract both investors and homebuyers alike. As such, the remaining lease of 75 years is a significant factor, as it provides ample time for appreciation while ensuring the property remains an attractive option for potential purchasers in the competitive Singapore real estate landscape.