3 Room (3A) HDB for Rent in 30 Balam Road

The current valuation of the HDB 3 Room property located in Geylang stands at an estimated value of $235,732, translating to a competitive rate of $327 PSF. With a remaining lease of approximately 40 years, this property is positioned within a market that exhibits stable dynamics, as evidenced by the reported market price reflecting a 0% difference from the baseline. This indicates that the property is currently valued at par with similar units in the vicinity, suggesting a balanced market where buyer sentiment and seller expectations are in alignment.

However, the model confidence for this valuation is categorized as low, which signals a certain degree of uncertainty in the predictive accuracy of the valuation model. This could be attributed to fluctuating market conditions or limited comparable sales within the area. The valuation is based on three recent HDB resale transactions in the vicinity, providing a foundational perspective yet underscoring the need for potential buyers and investors to conduct thorough due diligence, particularly considering the implications of the remaining lease term on future appreciation and market viability.