3 Room (3NG) HDB for Rent in 112 Aljunied Crescent

The valuation of this HDB 3-room unit in Geylang, with a remaining lease of 52 years, stands at an estimated value of $363,929, translating to a price per square foot (PSF) of $497. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price, which suggests that the property is currently positioned at market equilibrium. Such stability, however, should be approached with caution as the model confidence is rated as low, signaling potential uncertainties in the underlying data and market trends.

Recent transactions in the vicinity, totaling four comparable HDB resales, substantiate this valuation, yet they also highlight the dynamic nature of the Geylang area. The remaining lease of 52 years presents a critical factor for potential buyers, as it may influence future resale value and buyer sentiment. In a market where lease tenure is paramount, properties with shorter remaining leases can face depreciation in value over time. Therefore, prospective buyers and investors must carefully weigh the implications of the lease duration against the current market conditions and their long-term investment strategies.