Common Room (HDB) for Rent in 11 Upper Boon Keng Road

The valuation of the HDB 2-room property in Geylang, with a remaining lease of 48 years, stands at an estimated value of $45,369, translating to a price per square foot (PSF) of $454. This valuation reflects a precise alignment with the prevailing market conditions, as evidenced by the 0% difference from the baseline market price. Such stability in pricing underscores the resilience of the Geylang area, which has consistently attracted interest due to its strategic location and proximity to urban amenities.

Our analysis is bolstered by a robust dataset of 41 recent HDB resale transactions in the vicinity, which provides a comprehensive understanding of local market dynamics. The high model confidence indicates a strong reliability in the valuation, suggesting that this property represents a compelling opportunity for both investors and homeowners looking to capitalize on the enduring demand for HDB properties in this vibrant district. As the market continues to evolve, the remaining lease of 48 years will play a crucial role in long-term value retention, making this an important consideration for prospective buyers.