Common Room (HDB) for Rent in 95 Aljunied Crescent

The valuation of the 2-room HDB property located in Geylang, with a remaining lease of 55 years, has been estimated at $76,007, translating to a competitive $507 per square foot. This valuation reflects a well-aligned market price, exhibiting a 0% difference from the baseline, indicating stability and confidence in the current market dynamics. Such a positioning suggests that the property is priced accurately within the prevailing market context, bolstered by a high model confidence rating.

Analyzing the local market, the valuation is supported by a robust dataset comprising 44 recent HDB resale transactions in the vicinity, which affirms the reliability of the estimated value. The Geylang locale, known for its vibrant mix of residential and commercial spaces, continues to attract prospective buyers, particularly those looking for affordable housing options within the city. The remaining lease period of 55 years is significant, as it provides potential buyers with a reasonable timeframe for ownership while enhancing the property’s appeal amongst a demographic increasingly inclined towards urban living.