Studio Conservation House (Landed) for Rent in Sims Avenue

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 75 years, reflects a significant stability in the local property market. With an estimated value of $203,403, translating to a price per square foot (PSF) of $678, the property stands at parity with the current market price, indicating a 0% difference from the baseline. This equilibrium suggests that the property is accurately valued in the context of prevailing market conditions, reinforcing the model’s high confidence level based on an analysis of 40 recent HDB resale transactions in the vicinity.

Geylang has consistently demonstrated a robust demand for HDB units, bolstered by its strategic location and vibrant community. The remaining lease of 75 years provides potential buyers with a considerable timeframe for occupancy, aligning well with long-term investment strategies. The current valuation not only reflects the property’s intrinsic worth but also highlights the underlying market dynamics, including buyer sentiment and regional development plans that may further influence future property values. As such, this HDB unit presents a compelling opportunity for both homebuyers and investors seeking to capitalize on Geylang's enduring appeal.