3-Room HDB for Room Rent: 95 Aljunied Crescent

The valuation of the HDB 3 Room property located in Geylang is estimated at $58,941, translating to a price per square foot (PSF) of $393. With a remaining lease of 47 years, this property is positioned within a competitive segment of the HDB market, characterized by a stable demand despite the diminishing lease term. The valuation reflects a market price that is consistent with the baseline, indicating a neutral market signal with a 0% difference, suggesting that current market conditions are neither inflating nor deflating the property’s value significantly.

Our analysis is grounded in a review of 11 recent HDB resale transactions in the vicinity, which provides a robust data set for comparison. The model confidence rating of medium indicates that while there are reliable trends observable in the data, potential fluctuations due to external factors such as changes in government policy or economic shifts could influence future valuations. As Geylang continues to evolve as a desirable residential area, investors and homeowners alike should consider the implications of the remaining lease on potential capital appreciation and rental yield. The dynamic nature of the HDB market, coupled with the strategic location of Geylang, underscores the importance of thorough due diligence for prospective buyers in this segment.