Common Room (HDB) for Rent in Ubi Road 3

The valuation of the 2-room HDB unit in Geylang, with a remaining lease of 96 years, stands at an estimated value of $83,649, equating to a price per square foot (PSF) of $697. This valuation is significant, particularly given the property’s strategic location within Geylang, a district known for its vibrant culture and accessibility. The strong demand for HDBs in this area is reflected in the model's high confidence level, which is supported by a robust analysis of 44 recent HDB resale transactions in the vicinity.

Notably, the market price for this unit shows no deviation from the baseline, indicating a stable market condition with balanced supply and demand dynamics. This stability is further underscored by the remaining lease of 96 years, which enhances the property's appeal to potential buyers who prioritize long-term investment potential. As Singapore's housing market continues to evolve, this HDB unit exemplifies the resilience of the affordable housing segment, particularly in well-connected and desirable neighborhoods like Geylang.