4 Room (4A2) HDB for Rent in 36 Eunos Crescent

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 80 years, stands at an estimated value of $1,083,929, translating to $1,119 PSF. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable pricing environment for this type of property within the locality. The absence of fluctuation suggests a consistent demand for HDB units in Geylang, which is characterized by its central location and proximity to various amenities.

Our analysis is grounded on a review of 8 recent HDB resale transactions in the vicinity, providing a solid empirical foundation for the estimated value. The model confidence is categorized as medium, denoting a reasonable level of certainty in the valuation, while also acknowledging the dynamic nature of the real estate market. As the remaining lease approaches the 80-year mark, it is essential for potential buyers to consider the implications of leasehold properties in Singapore, particularly in terms of future resale value and financing options. Overall, the valuation encapsulates the current market dynamics and the enduring appeal of Geylang as a residential area.