5-Room HDB for Room Rent: 311 Ubi Avenue 1

The HDB 5-room property located in the vibrant Geylang district has been appraised at an estimated value of $81,164, translating to an impressive $541 per square foot (PSF). With a remaining lease of 58 years, this valuation reflects not only the intrinsic value of the property but also the surrounding market dynamics that play a crucial role in shaping buyer sentiment and investment potential. The property is positioned at a market price that indicates a 0% difference from the baseline, suggesting a stable demand and supply equilibrium in the local housing market.

Our valuation is grounded in a thorough analysis of 37 recent HDB resale transactions within the vicinity, providing a robust dataset that enhances model confidence to a high level. The Geylang area, known for its eclectic mix of heritage and modern amenities, continues to attract interest from both homeowners and investors alike. As the remaining lease diminishes, the asset retains substantial appeal, particularly given the area's strategic location and ongoing urban developments. This analysis underscores the resilience of the HDB market in Geylang, marked by consistent transaction activity and a balanced pricing structure that supports long-term value retention.