5 Room (5I) HDB for Sale in 2D Upper Boon Keng Road

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 79 years, indicates an estimated value of $1,128,250, translating to a price per square foot (PSF) of $953. This valuation reflects a favorable market signal characterized by a 6.9% difference from the baseline pricing, positioning this property as a good deal within the current market landscape. The relatively long remaining lease of 79 years adds a layer of stability and potential appreciation in value, particularly in a district like Geylang, which is known for its accessibility and vibrant community.

However, it is crucial to note that the model confidence for this valuation is classified as low, suggesting that while the current market dynamics lean towards a positive outlook, there may be underlying factors influencing price fluctuations. The valuation is further substantiated by recent sales data, drawing from four comparable HDB resale transactions in the vicinity, which provide a benchmark for assessing market trends. Investors should remain vigilant and consider broader economic indicators and local developments that could impact future valuation trajectories.