4-Room HDB for Room Rent: 3C Upper Boon Keng Road

The valuation of the HDB 4-room unit located in Geylang, with a remaining lease of 79 years, stands at an estimated value of $127,509, translating to a price per square foot (PSF) of $1,063. This valuation reflects a market price that is in perfect alignment with the established baseline, indicating a 0% difference. Such a scenario typically suggests a stable market condition, where demand and supply dynamics are balanced, and the valuation is supported by recent comparable sales in the vicinity.

Our analysis is underpinned by a robust dataset comprising 36 recent HDB resale transactions within the Geylang area, which provides a solid foundation for the confidence in this valuation, rated as high. The remaining lease of 79 years is particularly significant in the HDB market, as it offers potential buyers a substantial duration of occupancy and investment potential. This lease period positions the property favorably in the eyes of prospective homeowners and investors, contributing to its competitive valuation amidst the current market landscape.