5-Room HDB for Room Rent: 139 Potong Pasir Avenue 3

The valuation of the HDB 5 Room property in Geylang, with a remaining lease of 57 years, stands at an estimated value of $53,186, translating to a price per square foot (PSF) of $532. This valuation reflects a market price that is aligned with the baseline, indicating a stable market condition in the Geylang area. The absence of any significant deviation from the baseline suggests a robust demand that is currently being met by the available supply in this sought-after locality.

With model confidence rated as high, this valuation is supported by an analysis of 38 recent HDB resale transactions in the vicinity, which provide a reliable basis for assessing current market dynamics. The Geylang area, known for its vibrant culture and strategic location, continues to attract potential buyers, especially those looking for spacious living options like the 5 Room HDB units. As the remaining lease of 57 years is considered reasonably acceptable in the current market context, this property stands as a compelling investment opportunity for both first-time buyers and seasoned investors alike.