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

The valuation of the HDB 5-room unit in Geylang, set at an estimated value of $1,128,250 or $953 per square foot, reflects a compelling opportunity in the current real estate landscape. With a remaining lease of 79 years, this property sits within a competitive market segment where the dynamics of ownership and investment are closely tied to lease tenure. The valuation indicates a solid entry point, particularly given the 6.9% difference from the baseline, categorizing it as a 'Good Deal' in the current climate.

Our analysis, grounded in recent transactions from the vicinity—specifically, 8 comparable HDB resale transactions—suggests a medium level of confidence in this valuation. This is bolstered by the broader trends observed in the Geylang area, where demand for HDB properties remains resilient despite fluctuations in the overall market. The longevity of the lease, combined with the relative pricing against similar properties, positions this unit as a strategic acquisition for both owner-occupiers and investors looking to capitalize on the ongoing urban developments in the area.