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

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 79 years, has been estimated at $1,128,250, translating to a price per square foot (PSF) of $953. This assessment positions the property as a good deal, reflecting an 11.8% difference from the baseline valuation. Such a margin suggests that the property is competitively priced within the current market landscape, especially considering the vibrant demand for HDB units in this sought-after urban area.

However, it is crucial to note that the model confidence for this valuation is categorized as low, indicating potential volatility in the market dynamics influencing this specific property and its pricing. This valuation is based on analysis of only four recent HDB resale transactions in the vicinity, which may not fully capture the broader market trends or shifts in buyer sentiment. As the real estate landscape continues to evolve, particularly in areas with significant cultural and commercial appeal like Geylang, ongoing monitoring of market conditions and lease dynamics will be essential for accurate property assessments and investment decisions.