4-Room HDB for Room Rent: 11 Eunos Crescent

The valuation of the HDB 4-room unit located in Geylang, with a remaining lease of 49 years, stands at an estimated value of $83,891, translating to a price per square foot (PSF) of $508. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand within this segment of the property market. The calculated value is based on a comprehensive analysis of 18 recent HDB resale transactions in the vicinity, providing a robust basis for this assessment.

With a remaining lease of 49 years, this property sits at a critical juncture in terms of longevity and resale potential. Properties with shorter leases typically witness a decline in demand, yet the consistent market price suggests that this unit may retain its appeal due to Geylang's strategic location and urban amenities. The medium confidence level in this model indicates some variability in local market conditions, yet the absence of a price differential from the baseline signals a well-calibrated valuation amid current market dynamics. Investors and homeowners alike should consider this valuation as indicative of the market's current appetite for HDB properties in Geylang, reflecting both local desirability and the overarching trends affecting longer leasehold properties.