3 Room (3NG) HDB for Rent in 21 Eunos Crescent

The valuation of the 3-room HDB unit located in the vibrant district of Geylang, with a remaining lease of 50 years, stands at an estimated value of $259,887, translating to a price per square foot of $371. This valuation reflects a market price that is in alignment with baseline expectations, indicating a stable demand within this segment of the HDB market. The model confidence rating is categorized as medium, suggesting that while the valuation is based on sound data from recent transactions, there are external factors that may influence market dynamics.

Analysis of 16 recent HDB resale transactions in the vicinity reveals a consistent trend in pricing, underscoring the resilience of the Geylang market despite the longer leasehold period of this particular property. The remaining lease of 50 years presents both opportunities and challenges for potential buyers, as it may influence the buyer demographics and long-term investment outlook. The property’s valuation is likely to be buoyed by Geylang's strategic location and the ongoing urban developments in the area, which continue to enhance its appeal in the competitive HDB landscape.