5-Room HDB for Room Rent: 2C Upper Boon Keng Road

The valuation of the 5-room HDB unit in Geylang reflects a nuanced understanding of the current market dynamics, particularly given its remaining lease of 79 years. With an estimated value of $132,537, translating to a price per square foot (PSF) of $736, this property positions itself firmly within the competitive landscape of HDB sales in the area. The assessment, grounded in the analysis of 136 recent resale transactions in the vicinity, indicates a market signal of 0% difference from the baseline, suggesting that the property is aptly priced within the current market context.

High model confidence affirms the robustness of this valuation, indicating that the market for HDB properties in Geylang remains stable, with no significant fluctuations that would affect pricing in either direction. The remaining lease period of 79 years is noteworthy, as it assures prospective buyers of a substantial duration of tenure, aligning with the long-term investment appeal of HDB properties. As demand for centrally located residential units continues to drive interest, this valuation underscores the importance of strategic investment in Singapore's evolving real estate landscape.