Common Room (Landed) for Rent in Macpherson 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 $169,503, translating to $678 PSF. This valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference from the average market value in the area. Such stability in pricing suggests a balanced demand and supply dynamic within the Geylang precinct, making it an attractive consideration for prospective buyers and investors alike.

Market analysis, based on 40 recent HDB resale transactions in the vicinity, demonstrates a high model confidence in this valuation. Factors contributing to this robust confidence include the area's strategic location, accessibility to public transport, and amenities, which continue to underpin the desirability of Geylang as a residential choice. As the market navigates through varying economic conditions, the enduring lease of 75 years, coupled with the consistent transaction values, positions this property as a solid investment opportunity within Singapore's evolving real estate landscape.