3 Room (3STD) HDB for Rent in 66 Kallang Bahru

The valuation of the HDB 3 Room unit in Geylang, with a remaining lease of 46 years, stands at an estimated value of $296,510, translating to a price per square foot (PSF) of $395. This valuation reflects a stable market price, exhibiting a 0% difference from the baseline, indicating that the property is currently priced in line with market expectations. The model confidence level is categorized as medium, suggesting that while the valuation is based on solid data, fluctuations in the market could impact the final sales price.

Examining the local market dynamics, the valuation is substantiated by an analysis of eight recent HDB resale transactions in the vicinity. This data not only provides a robust comparative framework but also highlights the resilience of Geylang as a sought-after residential area. The remaining lease of 46 years is a crucial factor, as leasehold properties with a longer tenure typically command better market interest and value retention. As the demand for HDB units in urban locales persists, this property is well-positioned to attract potential buyers looking for a blend of accessibility and investment potential in one of Singapore's vibrant districts.