3 Room (3S) HDB for Rent in 302 Ubi Avenue 1

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 60 years, stands at an estimated value of $436,116, translating to a price per square foot of $633. Notably, this valuation reflects a market price that exhibits a 0% difference from the baseline, indicating a stable market environment where the property’s value aligns closely with current market expectations. This stability could suggest a balanced demand and supply scenario within the Geylang area, particularly for HDB units of this type.

However, it is essential to note the low confidence level associated with this model, which arises from the limited data set of only four recent HDB resale transactions in the vicinity. This scarcity of transactions may indicate a potential volatility in the market, wherein the value could fluctuate based on broader economic conditions or shifts in buyer sentiment. The remaining lease of 60 years also plays a critical role in the valuation dynamics, as properties with shorter leases often see varying degrees of demand, particularly among first-time buyers and investors. Overall, while the current valuation appears stable, prospective buyers should remain vigilant of market trends and leasehold considerations moving forward.