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

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 52 years, stands at an estimated value of $119,851, translating to a price per square foot (PSF) of $400. This valuation reflects a stable market signal with a 0% difference from the baseline. The data is supported by a robust analysis of 14 recent HDB resale transactions in the vicinity, providing a solid foundation for this assessment.

With the remaining lease being a significant factor in HDB valuations, the 52-year lease period indicates a medium-term outlook for potential buyers. The model confidence in this valuation is categorized as medium, suggesting that while there are stable market dynamics at play, external factors such as economic conditions and buyer sentiment may still impact future pricing trends. Overall, this property presents an intriguing opportunity within the Geylang enclave, balancing lease longevity with current market stability.