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

The valuation of the 5-room HDB unit located in Geylang, with a remaining lease of 79 years, stands at an estimated value of $170,875, translating to $949 per square foot (PSF). This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is accurately aligned with current market trends. This consistency underscores the resilience of the HDB market in Geylang, where demand remains robust amidst varying economic conditions.

Our analysis is supported by data from 8 recent HDB resale transactions in the vicinity, providing a reliable basis for this valuation. The medium confidence level suggests a balanced market dynamics, where both buyer and seller expectations are met without significant volatility. As Geylang continues to evolve as a vibrant residential hub, the remaining lease of 79 years offers prospective buyers a considerable window of opportunity, aligning long-term investment potential with current market conditions. This property stands as a testament to the enduring appeal of HDB flats in well-established neighborhoods.