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

The valuation of the HDB 5-room unit located in the vibrant neighborhood of Geylang, with a remaining lease of 79 years, stands at an estimated value of $1,128,250, translating to $953 per square foot (PSF). This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference, which suggests stability in the local property market. Such stability is particularly notable given the fluctuating dynamics of Singapore's real estate landscape, underscoring Geylang's enduring appeal as a residential area.

This valuation is derived from an analysis of 8 recent HDB resale transactions within the vicinity, providing a robust comparative framework. The model confidence is rated as medium, which suggests that while there is a fair degree of reliability in the data, potential market fluctuations or shifts in buyer sentiment could still influence future valuations. As the remaining lease of 79 years presents a favorable aspect, it positions this property well for both current occupants and potential investors, given that properties with longer leases tend to maintain their value more effectively in the eyes of discerning buyers.