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 robust alignment with the current market dynamics, showing a 0% difference from the baseline price, which indicates a stable market sentiment in the area. With a model confidence rating of high, the valuation is underpinned by comprehensive data analysis, drawing on insights from 497 recent HDB resale transactions in the vicinity.

In the context of Singapore's dynamic real estate landscape, this property exemplifies the resilience of HDB units in well-established locales such as Geylang. The remaining lease of 79 years positions this unit favorably, as properties with longer leases tend to attract a wider pool of potential buyers and investors, mitigating concerns around leasehold depreciation. As the market continues to evolve, this valuation serves as a critical indicator of both current demand and future potential in the HDB segment, reflecting an equilibrium between supply and buyer sentiment.