Terraced House for Room Rent: Lor Marican

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 82 years, reflects a meticulous analysis rooted in current market dynamics. With an estimated value of $203,146, translating to $677 per square foot, this property showcases a stable investment opportunity within a sought-after locality. The market signal indicates a 0% difference from the baseline, suggesting that the property's pricing is in line with the prevailing market conditions, reinforcing its desirability and stability.

Our valuation is backed by a robust data set, inclusive of 44 recent HDB resale transactions in the vicinity, enhancing the reliability of our analysis. The high model confidence rating underscores the accuracy of the valuation amidst fluctuating market trends. The remaining lease of 82 years not only assures potential buyers of longevity but also aligns with the growing demand for HDB properties in urban areas like Geylang, known for its vibrant community and accessibility. This combination of factors positions the unit as a prime candidate for both end-users and investors seeking to capitalize on Singapore's real estate landscape.