3-Room HDB for Room Rent: 95 Aljunied Crescent

The valuation of this 3-room HDB unit in Geylang reflects a nuanced understanding of the current market dynamics and the intrinsic value tied to its remaining lease of 47 years. With an estimated value of $58,941, translating to $393 per square foot, this property positions itself at a critical juncture within Singapore's evolving residential landscape. The valuation, which shows a 0% difference from the baseline market price, indicates a stable holding in a potentially fluctuating market, underscoring the resilience of demand in this sought-after locale.

Analyzing the recent transactions within the vicinity, our model draws from 11 comparable HDB resale transactions, lending a medium confidence level to the valuation conclusion. Geylang's unique appeal, characterized by its vibrant cultural tapestry and proximity to urban amenities, contributes to sustained interest among buyers. However, the remaining lease period of 47 years warrants careful consideration, as it may influence buyer sentiment and financing options in the longer term. As such, stakeholders should remain vigilant to the broader market signals and demographic trends that continue to shape property values in this area.