5 Room (5I) HDB for Rent in 3A Upper Boon Keng Road

The valuation of the 5-room HDB property in Geylang, assessed at an estimated value of $1,128,250 or $953 PSF, reflects a stable market position with no deviation from the baseline price. This assessment is informed by a robust analysis of recent market transactions, specifically focusing on eight comparable HDB resale activities in the vicinity. The medium confidence level indicates that while the data is reliable, fluctuations in market dynamics could still affect future valuations.

With a remaining lease of 79 years, this property stands at a critical juncture in the Singapore real estate landscape. The length of the lease is significant, as it aligns with the preferences of potential buyers who often seek properties with longer durations to ensure value retention and investment stability. The Geylang locale, known for its vibrant culture and accessibility, continues to attract a diverse demographic, thereby maintaining a steady demand for HDB flats. As the market stabilizes, this property exemplifies the resilience of the HDB sector, highlighting the importance of location, lease duration, and transaction trends in determining value.