3-Room HDB for Room Rent: 321 Ubi Avenue 1

The valuation of the HDB 3 Room property located in Geylang presents a nuanced perspective, particularly with its remaining lease of 58 years. At an estimated value of $29,074, translating to $529 per square foot (PSF), this property falls within a stable segment of the market. However, the model confidence is classified as low, suggesting that the valuation is susceptible to fluctuations due to limited data points, as it is based solely on one recent resale transaction in the vicinity.

Market dynamics indicate a neutral stance, with a market price showing no deviation from the baseline. This suggests that while the property is competitively priced, the lack of robust transactional data may inhibit a comprehensive understanding of buyer sentiment and market trends in Geylang. The remaining lease of 58 years is a critical factor that could influence long-term investment potential, as properties with shorter leases often face increased scrutiny from prospective buyers. It is essential for stakeholders to remain vigilant regarding leasehold dynamics and market signals to make informed investment decisions.