3 Room (3NG) HDB for Rent in 40 Circuit Road

The valuation for the HDB 3-room unit in Geylang, with a remaining lease of 38 years, stands at an estimated value of $240,906, translating to a price per square foot (PSF) of $328. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is priced in line with current market conditions. Such stability in pricing is indicative of a well-balanced demand and supply scenario within the Geylang locality, a vibrant area known for its rich cultural heritage and proximity to various amenities.

With a model confidence rating categorized as high, this valuation is supported by data derived from 421 recent HDB resale transactions in the vicinity. The robust dataset underscores the reliability of the valuation, providing a comprehensive overview of market dynamics. As the remaining lease period is a critical factor in HDB pricing, the 38 years left on the lease offers potential buyers a reasonable timeframe for ownership before lease expiration concerns become more pronounced. This aspect, combined with the area's desirability, positions the property as an attractive option for both homebuyers and investors looking to enter the Geylang market.