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

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 56 years, stands at an estimated value of $112,707, translating to a price per square foot (PSF) of $564. This assessment reflects a market price that is equivalent to the baseline, indicating a stable demand within this segment of the property market. The current valuation is particularly significant given the area's historical appreciation trends and its appeal to both first-time buyers and investors seeking rental opportunities.

However, it is crucial to note that the model confidence for this valuation is categorized as low, suggesting that the estimation is subject to considerable variability. This low confidence level arises from the analysis of only six recent HDB resale transactions in the vicinity, highlighting potential fluctuations in market dynamics and buyer sentiment. As such, prospective buyers and investors should remain vigilant and consider additional factors such as upcoming infrastructure developments and neighborhood amenities, which could influence future valuations and market activity in this vibrant district.