4-Room HDB for Room Rent: 3B Upper Boon Keng Road

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 79 years, stands at an estimated value of $128,433, translating to a price per square foot (PSF) of $856. This valuation reflects a market price that is in equilibrium with the baseline, indicating a 0% difference. The consistency in pricing suggests a stable demand for HDB properties in this vibrant enclave, known for its diverse community and strategic location.

The analysis is grounded in a robust dataset, drawing insights from 497 recent HDB resale transactions within the vicinity, which enhances the model's confidence level to high. This considerable volume of transactions provides a clear snapshot of the prevailing market dynamics, reflecting the resilience of the Geylang property market despite broader economic fluctuations. The remaining lease of 79 years is particularly noteworthy, as it offers prospective buyers a substantial tenure, appealing to both end-users and investors alike, while the competitive PSF indicates a well-positioned asset in a sought-after area.