Terraced House for Room Rent: 77 Jalan Mulia

The valuation of the HDB 2-room unit located in Geylang, with a remaining lease of 43 years, stands at an estimated value of $43,430, translating to a price per square foot (PSF) of $395. This valuation reflects a strategic alignment with the current market dynamics, as evidenced by a 0% deviation from the baseline market price. Such stability in valuation indicates a well-balanced equilibrium between supply and demand in this sought-after location, which is characterized by its vibrant community and proximity to essential amenities.

Furthermore, the model confidence in this valuation is assessed as high, grounded in a robust analysis of 41 recent HDB resale transactions in the vicinity. This dataset not only strengthens the credibility of the valuation but also highlights the resilience of the Geylang property market. Given the property’s remaining lease, potential buyers may find this an opportune investment, particularly as the area continues to evolve with infrastructural developments and urban planning initiatives. The durability of this asset, combined with the favorable market conditions, positions it as a compelling choice for discerning investors and homeowners alike.