Cluster House for Room Rent: Medallion

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 82 years, stands at an estimated value of $101,121, translating to a price per square foot (PSF) of $674. This valuation indicates a well-balanced market signal, reflecting a 0% difference from the baseline price. Such a stable positioning within the current market context suggests that the property is priced fairly, aligning with recent transactions in the area.

Our analysis is bolstered by a robust sample of 40 recent HDB resale transactions in Geylang, which affirms a high model confidence in this valuation. The remaining lease of 82 years provides ample time for appreciation potential, making this property an attractive option for both investors and first-time buyers. In a market where lease duration can significantly influence demand and pricing dynamics, this property’s favorable lease term enhances its appeal, ensuring a solid investment for the future.