Semi-Detached House for Room Rent: Jalan Yasin

The valuation of the HDB 2-room property located in Geylang, with a remaining lease of 82 years, is estimated at $176,060, translating to a price per square foot (PSF) of $677. This valuation indicates a stable market position, as the estimated value reflects a market price with no deviation from the baseline—an intriguing signal of equilibrium in the Geylang HDB market. Such stability suggests that buyer sentiment remains steadfast, as evidenced by the consistent demand for HDB units in this vibrant locale.

The model confidence for this valuation is rated as high, bolstered by an analysis of 44 recent HDB resale transactions in the vicinity. This robust dataset allows for a comprehensive understanding of market dynamics, revealing that properties in Geylang continue to uphold their value despite broader market fluctuations. With an 82-year remaining lease, this property retains significant appeal for potential buyers, particularly those seeking a blend of affordability and proximity to urban amenities. As the Geylang area continues to evolve, the enduring demand for HDB units within this district underscores its resilience and attractiveness in Singapore's real estate landscape.