5-Room HDB for Room Rent: 59A Geylang Bahru

The valuation of the 5-room HDB unit in Geylang, estimated at $134,812 or $899 per square foot, reflects a stable market position, exhibiting no deviation from the baseline price. With a remaining lease of 70 years, this property presents a compelling opportunity for buyers looking to invest in a neighbourhood known for its vibrant culture and strategic location. The model confidence rating of high further affirms the reliability of this valuation, supported by an analysis of 37 recent HDB resale transactions in the vicinity.

In the current real estate landscape, Geylang continues to demonstrate resilience, with the absence of a price differential indicating balanced demand and supply dynamics. As Geylang evolves, characterized by ongoing urban developments and improved amenities, the longevity of the remaining lease enhances the attractiveness of this property. Buyers can expect a stable investment, benefitting from both the heritage of the area and its potential for future appreciation, cementing Geylang’s status as a desirable residential choice in Singapore.