3-Room HDB for Room Rent: 139 Potong Pasir Avenue 3

The valuation of the HDB 3 Room unit located in Geylang, with a remaining lease of 57 years, stands at an estimated value of $102,522, translating to a price per square foot (PSF) of $563. This valuation reflects a precise alignment with the current market price, indicating a stable demand within the vicinity. Given the high model confidence level based on 85 recent HDB resale transactions, the data suggests a resilient market dynamic, where the property’s value remains consistent with baseline expectations.

In the context of Geylang, an area known for its vibrant lifestyle and strategic location, the remaining lease of 57 years plays a crucial role in the valuation. Properties within this range of leasehold tenure often attract a diverse pool of buyers, including both owner-occupiers and investors looking for potential rental income. The zero percent difference from the baseline market price signals a balanced market, where supply and demand are harmonized, making it an opportune moment for prospective buyers to consider entering the HDB market in this sought-after locality.