Common Room (HDB) for Rent in 146 Potong Pasir Avenue 1

The valuation of the 2-room HDB unit located in Geylang, with a remaining lease of 71 years, stands at an estimated value of $40,453, translating to a price per square foot (PSF) of $674. This assessment reflects a robust alignment with the current market dynamics, as indicated by a 0% difference from the baseline market price. Such stability suggests a balanced market environment, where supply and demand are in equilibrium, making this property an appealing consideration for potential investors and homeowners alike.

Furthermore, the high model confidence derived from analyzing 40 recent HDB resale transactions in the vicinity underscores the reliability of this valuation. The Geylang area, known for its rich cultural heritage and strategic proximity to key amenities, continues to be a sought-after location among buyers. With the remaining lease of 71 years, this property offers a significant tenure that enhances its intrinsic value, positioning it as a viable option for long-term investment. As the market evolves, the resilience observed in this segment reflects broader trends in Singapore's HDB landscape, where well-located properties maintain their appeal in a competitive environment.