5-Room HDB for Room Rent: 669 Jalan Damai

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 69 years, stands at an estimated value of $120,208, translating to a price per square foot (PSF) of $801. This valuation reflects a stable market condition, as evidenced by the 0% difference from the baseline market price, indicating that the property is priced in line with the current market dynamics. Such stability is supported by the analysis of 23 recent HDB resale transactions in the vicinity, which establishes a robust comparative framework for this valuation.

With a remaining lease of 69 years, this property presents a compelling investment opportunity, particularly in a vibrant area like Geylang, known for its unique blend of cultural richness and accessibility. The high model confidence rating further reinforces the reliability of this valuation, suggesting that potential buyers can proceed with a high degree of assurance in the intrinsic value of this HDB unit. As the market continues to evolve, understanding the implications of remaining lease duration and local demand is critical for potential investors and homeowners alike, making this analysis a key component of informed decision-making in the Singapore real estate landscape.