1 Bed Corner Terrace (Landed) for Rent in Wolskel Road

The valuation of the HDB 2-room unit located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $244,283, translating to a price per square foot (PSF) of $698. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference from the established market norms. Such stability in pricing suggests a well-balanced demand and supply dynamic within the Geylang precinct, which is known for its vibrant mix of residential and commercial offerings.

Our analysis draws upon data from 40 recent HDB resale transactions in the vicinity, contributing to a high model confidence in this valuation. The remaining lease of 75 years positions this property favorably in the eyes of potential buyers, as properties with longer leases typically command a premium in the market. The Geylang area, characterized by its rich cultural tapestry and strategic connectivity, continues to attract interest from both homeowners and investors alike. This combination of lease longevity and market alignment suggests a robust future for this property, making it a compelling option within the current landscape of Singapore's HDB market.