4-Room HDB for Room Rent: 121 Paya Lebar Way

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 52 years, is estimated at $119,851, translating to approximately $400 per square foot. This valuation reflects a strategic analysis grounded in the current market dynamics, with the property price remaining consistent with the baseline value, indicating a 0% difference. Such stability in price suggests a balanced demand and supply scenario in the Geylang locale, which remains an attractive option for potential buyers seeking affordable housing in a centrally located area.

Our assessment is informed by an examination of 14 recent HDB resale transactions within the vicinity, providing a robust comparative framework. The medium model confidence indicates a moderate level of certainty in the valuation, reflecting the inherent variability characteristic of the HDB market. As the remaining lease continues to diminish, it is essential for stakeholders to consider the implications of leasehold tenure on future resale value and market desirability, particularly in a vibrant district like Geylang, known for its unique blend of culture and accessibility.