1 Room HDB for Rent in 24 Balam Road

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 40 years, is estimated at $235,670, translating to a price per square foot of $365. This assessment reflects the current market conditions, as indicated by the absence of deviation from the baseline market price, registering a 0% difference. Such stability in pricing suggests a balanced negotiation landscape, where supply and demand are harmoniously aligned, further underscoring Geylang's appeal as a desirable residential locale.

The model confidence for this valuation is categorized as medium, which is rooted in the analysis of 19 recent HDB resale transactions within the vicinity. This data pool provides a robust foundation for the current valuation while acknowledging the inherent variability in individual property conditions and buyer sentiment. As Geylang continues to evolve with urban development, its strategic location and amenities may positively influence future price trajectories, particularly as potential buyers navigate the nuances of HDB leases in a competitive market.