4 Room (4S) HDB for Rent in 338 Ubi Avenue 1

The valuation of this HDB 4-room unit in Geylang, with a remaining lease of 59 years, stands at an estimated value of $603,800, translating to a price per square foot (PSF) of $668. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently positioned at a competitive price point within the local real estate landscape. The high model confidence level is supported by an analysis of 496 recent HDB resale transactions in the vicinity, reinforcing the reliability of this valuation.

In the context of Singapore's evolving property market, the 59-year lease remaining on this unit is a critical factor for potential buyers. As leasehold properties age, the perception of their value can fluctuate significantly, influenced by both market demand and the remaining lease term. Geylang, known for its vibrant mix of culture and accessibility, continues to attract interest, which may contribute positively to the property's desirability. Current market dynamics suggest that with steady demand and limited supply, this property is well-positioned to retain its value in the coming years, making it a compelling investment opportunity for discerning buyers.