4-Room HDB for Room Rent: 11 Eunos Crescent

The valuation of the 4-room HDB unit in Geylang, with a remaining lease of 49 years, is estimated at $76,823, translating to a price per square foot (PSF) of $512. This valuation is indicative of the current market equilibrium, as it shows a 0% difference from the baseline market price. The stability in pricing suggests that the property is well-positioned within the local market, reflecting consistent demand despite the diminishing lease period.

Our analysis is founded on a robust dataset comprising 19 recent HDB resale transactions in the vicinity, which provides a comprehensive view of market trends and buyer sentiment. The medium confidence level associated with this model indicates a reliance on both quantitative data and qualitative market insights. As the Geylang area continues to evolve, factors such as urban development and amenities will play a crucial role in influencing future valuations. Investors and homeowners should remain cognizant of the lease tenure, as properties with shorter remaining leases may experience fluctuating demand. The Geylang HDB market remains a focal point for potential growth, making it a significant consideration for stakeholders in the property landscape.