5 Room (5A) HDB for Rent in 3B Upper Boon Keng Road

The valuation of the 5-room HDB unit in Geylang, with a remaining lease of 78 years, stands at an estimated value of $1,128,250, translating to a price per square foot (PSF) of $953. This valuation is indicative of the current market dynamics, where the property reflects a stable market price with no deviation from the baseline. Such consistency suggests a robust demand in the area, particularly in light of the neighborhood's unique blend of cultural vibrancy and accessibility, which continues to draw interest from both investors and homebuyers alike.

Furthermore, this valuation is supported by an analytical assessment of eight recent HDB resale transactions within the vicinity. The model confidence is categorized as medium, indicating a reasonable assurance in the accuracy of this valuation amidst varying market conditions. As Geylang continues to evolve, the remaining lease of the property plays a critical role in its valuation, providing potential buyers with a long-term investment opportunity while reflecting the resilience of the HDB market in Singapore.