3 Room (3S) HDB for Rent in 93 Jalan Dua

The valuation of the 3-room HDB property located in Geylang, with a remaining lease of 35 years, stands at an estimated value of $185,618, translating to a price per square foot (PSF) of $278. This valuation is significant in the context of the current market dynamics, as it reflects a neutral market signal with a 0% difference from the baseline. Such stability suggests a balanced demand and supply scenario, which is often indicative of a healthy market condition in this locality.

Our analysis is grounded in the review of 8 recent HDB resale transactions in the vicinity, providing a credible basis for this valuation. The model confidence rating is medium, indicating a reasonable level of reliability based on the available data. Buyers and investors should consider that the property’s remaining lease of 35 years may influence future resale potential and marketability, particularly as the lease approaches its twilight years. In a market where leasehold properties are assessed critically, this aspect becomes a pivotal factor in decision-making. Overall, the valuation underscores Geylang's ongoing appeal as a vibrant residential area, which continues to attract interest despite the leasehold considerations.