3 Room (3NG) HDB for Rent in 66 Kallang Bahru

The HDB 3 Room property located in Geylang, with a remaining lease of 47 years, presents an estimated value of $278,013, translating to a price per square foot (PSF) of $404. The current market signal indicates a stable environment with a 0% difference from the baseline, suggesting that the property is priced in alignment with recent market trends. This stability in pricing reflects the broader dynamics of the HDB resale market in Geylang, which has shown resilience despite fluctuations in demand and supply.

However, it is essential to note that the model confidence for this valuation is classified as low. This assessment is based on only seven recent HDB resale transactions in the vicinity, indicating a limited data set that may not fully capture the nuances of market conditions. The remaining lease of 47 years is a critical factor for potential buyers, as it may influence long-term investment decisions. Buyers should weigh the implications of lease duration alongside market dynamics to make informed choices in this competitive landscape.