Master Room (HDB) for Rent in 122 Potong Pasir Avenue 1

The valuation of the HDB 2-room unit located in the vibrant precinct of Geylang reflects a calculated estimated value of $112,707, translating to a price per square foot of $564. With a remaining lease of 56 years, this property occupies a unique position within the Singapore housing market, where the balance of lease tenure is a critical determinant of value. The current estimated value demonstrates a notable alignment with the market baseline, indicating a 0% difference, suggesting that the property is priced at market equilibrium.

Market dynamics in the Geylang vicinity have been influenced by an array of factors, including demand from both local residents and investors seeking potential rental yields. The model confidence for this valuation is categorized as low, reflecting the inherent volatility and fluctuations typical in HDB resale transactions. This assessment is based on a comparative analysis of six recent HDB resale transactions in the area, which indicates a cautious yet steady market sentiment. As such, potential buyers and investors should consider the remaining lease period and prevailing market conditions as pivotal elements in their decision-making process.