3 Room (3I) HDB for Rent in 66 Kallang Bahru

The valuation of the HDB 3 Room unit located in Geylang, with a remaining lease of 46 years, stands at an estimated value of $276,743, translating to a price per square foot (PSF) of $395. This valuation reflects a market signal indicating a stable price environment, with a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market conditions. The confidence level of this model is characterized as medium, which implies a reasonable degree of certainty based on the data analyzed.

In the context of the local real estate landscape, this valuation is derived from an examination of eight recent HDB resale transactions within the vicinity. The Geylang area is known for its vibrant cultural tapestry and accessibility, making it a desirable location for both owner-occupiers and investors alike. As the remaining lease diminishes, it is crucial to monitor the dynamics of the market closely, as properties with less than 60 years of leasehold can experience fluctuations in buyer interest and pricing. Nonetheless, the current valuation reflects a stable demand, indicative of Geylang's enduring appeal in the HDB market.