Master Room (Landed) for Rent in Frankel Estate

The valuation of the HDB 2 Room unit located in Geylang, with a remaining lease of 93 years, stands at an estimated value of $97,181, translating to a price per square foot (PSF) of $675. This assessment is grounded in a robust analysis of the local market, drawing insights from 41 recent HDB resale transactions within the vicinity. The model confidence for this valuation is rated as high, indicating a strong alignment with current market trends and dynamics.

Notably, the market signal demonstrates a stable environment, with a 0% difference from the baseline price. This suggests that the property is accurately priced in accordance with prevailing market conditions, thereby reflecting a balanced supply-demand scenario in the Geylang area. The longevity of the remaining lease is a critical factor, providing potential buyers with security and reassurance regarding their investment. As Geylang continues to evolve as a vibrant locale, the valuation underscores the importance of strategic positioning within Singapore's dynamic real estate landscape.