5 Room (5I) HDB for Sale in 2D Upper Boon Keng Road

This valuation analysis pertains to a 5-room HDB unit located in the vibrant district of Geylang. With a remaining lease of 79 years, the property is estimated to hold a market value of $1,128,250, translating to a price per square foot (PSF) of $953. This valuation is reflective of the current market dynamics, which exhibit a modest 2.5% deviation from the established baseline pricing for similar properties in the area.

However, it is important to note that the model confidence for this valuation is categorized as low, based on a limited dataset comprising only four recent resale transactions within the vicinity. Such a constraint underscores the necessity for potential buyers and investors to exercise prudence, as market signals can fluctuate based on local demand and supply factors. The remaining lease of 79 years offers a balanced proposition, ensuring that the property retains value while also reflecting the potential for appreciation in a dynamic area like Geylang.