5-Room HDB for Room Rent: 120 Paya Lebar Way

The valuation of the 5-room HDB unit located in Geylang, with a remaining lease of 52 years, is estimated at $81,474, translating to a price per square foot (PSF) of $506. This pricing reflects a stable market signal, indicating a 0% deviation from the baseline. Such a position suggests that the property is currently aligned with prevailing market trends, providing a reliable benchmark for potential buyers and investors alike.

Underpinned by a robust model confidence rating of high, this valuation is supported by an extensive analysis of 136 recent HDB resale transactions in the vicinity. The consistency of the asking price within the market context highlights a balanced demand-supply equation, making this property an attractive option for discerning investors. The remaining lease of 52 years offers a moderate yet significant tenure, appealing to buyers who are seeking long-term residency in a vibrant locale that Geylang is known for.