2 Room (2STD) HDB for Rent in 72 Circuit Road

The valuation for the HDB 2 Room unit located in Geylang, with a remaining lease of 38 years, stands at an estimated value of $161,279, translating to a price per square foot (PSF) of $357. This valuation reflects a market price that shows no deviation from the established baseline, indicating a stable yet cautious sentiment in the current real estate landscape. Given the low model confidence attributed to this valuation, it is imperative to consider the broader market dynamics that may influence future price movements.

Recent market activity in the vicinity, evidenced by two comparable HDB resale transactions, provides a baseline for understanding local demand and pricing trends. However, the low confidence level suggests that fluctuations in buyer sentiment or external economic factors could significantly impact the valuation. The remaining lease period of 38 years is a critical aspect, as properties with shorter leases may experience decreased interest from potential buyers, particularly in a competitive market environment. As such, stakeholders should remain vigilant and consider both immediate and long-term market signals when evaluating this property.