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

The subject property, a 2-room HDB unit located in the vibrant neighborhood of Geylang, boasts a remaining lease of 75 years. With an estimated valuation of $244,283, translating to a price per square foot (PSF) of $698, this property exemplifies the resilient demand for HDB flats in this strategic locale. The valuation reflects a market price that is consistent with the baseline, indicating stability in the current market conditions and reinforcing the attractiveness of Geylang as a residential choice.

Market analysis, grounded in 40 recent HDB resale transactions in the vicinity, demonstrates a high model confidence in this valuation. The absence of a price differential from the baseline signals a balanced supply-demand dynamic, where buyer sentiment remains robust. This stability, coupled with the remaining lease of 75 years, positions the property favorably for both potential homeowners and investors alike. The Geylang area, known for its rich cultural tapestry and accessibility, continues to be a sought-after location, further justifying the current valuation and reinforcing the long-term investment potential of this HDB unit.