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

In the bustling locale of Geylang, the valuation of a 3-room HDB unit with a remaining lease of 75 years has been estimated at $454,846, translating to a price per square foot (PSF) of $631. This valuation remains firmly aligned with the current market price, reflecting a 0% difference from the baseline, indicating a stable market condition in this vibrant district. Geylang, known for its rich cultural tapestry and strategic connectivity, continues to attract diverse demographics, thereby sustaining demand for HDB units.

However, the model confidence for this valuation is rated as low, suggesting that while the estimate is reflective of recent market activities, it may be influenced by external factors that could lead to fluctuations in value. The analysis is based on three recent HDB resale transactions in the vicinity, highlighting a cautious yet optimistic outlook for potential buyers and investors. As the remaining lease of the property is a crucial aspect, it is essential to consider how the longevity of the lease may affect future resale potential in the ever-evolving Singaporean real estate landscape.