Semi-Detached House for Room Rent: Wan Tho Avenue

The valuation of the HDB 2 Room unit located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $135,602, translating to a price per square foot (PSF) of $678. This valuation reflects a market condition that remains stable, as evidenced by the reported 0% difference from the baseline price. Such stability indicates that the property market in this area is maintaining its equilibrium, with demand and supply aligning effectively over recent transactions.

Our analysis is bolstered by a robust dataset, comprising 40 recent HDB resale transactions within the vicinity, which lends high confidence to the model's predictions. The high model confidence in this valuation underscores the strong fundamentals underpinning the property market in Geylang. The remaining lease of 75 years offers prospective buyers a substantial tenure, making it an attractive option for both investors and homebuyers. In this dynamic market landscape, the Geylang area continues to demonstrate resilience, positioning this 2 Room unit as a compelling opportunity for those looking to enter the HDB market.