Studio Terraced House (Landed) for Rent in Macpherson Garden Estate

The valuation of the HDB 3-room unit in Geylang, set at an estimated value of $252,848, reflects the current market equilibrium, with a price per square foot (PSF) of $361. This valuation indicates a unique stability in the local housing market, showcasing a 0% difference from the baseline, which suggests that the current pricing aligns closely with prevailing market trends. The model confidence is rated as high, supported by an extensive analysis of 426 recent HDB resale transactions in the vicinity, providing a robust basis for this valuation.

With a remaining lease of 43 years, the property sits within a critical window that often influences buyer sentiment and investment potential. In Geylang, a location known for its vibrant culture and accessibility, the demand for HDB properties remains resilient, despite the inherent considerations associated with shorter leases. Market dynamics indicate that buyers are increasingly cognizant of lease duration, yet the consistent price point suggests a stable demand for this type of housing. Potential investors and homeowners alike will find this valuation compelling, as it reflects both the intrinsic value of the property and the surrounding area's ongoing appeal.