Bungalow for Room Rent: 2C Clifton Vale

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $98,990, translating to an impressive $678 per square foot. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a stable demand and supply equilibrium within this vibrant neighborhood. Geylang, known for its rich cultural tapestry and strategic location, continues to attract both homeowners and investors alike, thereby sustaining its property value amidst shifting market dynamics.

Our analysis, grounded in data from 40 recent HDB resale transactions in the vicinity, reveals a high level of model confidence, underscoring the reliability of this valuation. The absence of price fluctuation—illustrated by a 0% difference from the baseline—signals a maturity in the Geylang HDB market. This stability can be attributed to the area's enduring appeal, characterized by its accessibility to public transport, amenities, and an evolving urban landscape. As the remaining lease continues to offer significant longevity, this property not only serves as a residence but also as a strategic investment opportunity, promising enduring value in a competitive market.