2+1 Bed Shophouse (Landed) for Rent in Serangoon Park

The valuation of the 4-room HDB property located in Geylang, with a remaining lease of 95 years, stands at an estimated value of $831,692, translating to a price per square foot (PSF) of $832. This valuation reflects the current market dynamics and the consistent demand for HDB properties in the Geylang area, which is renowned for its strategic location and vibrant community. The property’s valuation indicates a market price that is at baseline, demonstrating a stable market condition with no significant fluctuations in value, which is favorable for both current owners and potential buyers.

Model confidence for this valuation is rated as high, based on a robust analysis of 500 recent HDB resale transactions in the vicinity. This extensive dataset provides a solid foundation for understanding market trends and signals. The sustained interest in Geylang, coupled with its accessibility and amenities, positions this property as a prime investment opportunity. As the remaining lease extends to 95 years, buyers can be reassured of the longevity and potential appreciation of their investment, aligning with the broader trends observed in the HDB market across Singapore.