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

The valuation of the HDB 4-room property located in Geylang, with a remaining lease of 59 years, stands at an estimated value of $477,263, translating to $528 per square foot. This price reflects a market signal indicating no deviation from the baseline, suggesting a stable demand in the current market environment. Such stability can typically be attributed to Geylang's strategic location and its appeal among various demographics, including young professionals and families seeking affordability within proximity to the central business district.

However, the model confidence for this valuation is categorized as low, which necessitates a cautious interpretation. This low confidence level is derived from the analysis of only four recent HDB resale transactions in the vicinity, indicating limited data for a comprehensive market assessment. As the remaining lease diminishes, potential buyers may exhibit heightened sensitivity to lease duration, which can affect perceived value over time. Thus, it is essential for prospective investors to consider both the longevity of the lease and the broader market dynamics that could influence future resale opportunities.