Cluster House for Room Rent: Medallion

The valuation of the HDB 2-room property 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 reflects a market equilibrium, evidenced by a 0% difference from the baseline price, indicating a stable and balanced demand for properties in this sought-after region. The Geylang area, known for its vibrant community and proximity to urban amenities, continues to attract a diverse demographic, contributing to the steady price performance observed in recent transactions.

Our analysis, grounded in data from 40 recent HDB resale transactions in the vicinity, supports a high model confidence in this valuation. The stability of the market signals, coupled with the remaining lease of 82 years, suggests that this property holds enduring value and potential for future appreciation. Leasehold properties in Singapore, especially those with substantial remaining leases, often retain their appeal due to the balance of affordability and investment potential. As Geylang evolves with ongoing urban developments, this HDB unit is well-positioned to benefit from rising demand, making it a compelling investment opportunity for discerning buyers.