3 Room (3I) HDB for Rent in 17 Eunos Crescent

The valuation of the HDB 3 Room property in Geylang, with a remaining lease of 49 years, stands at an estimated value of $273,488, translating to a price per square foot (PSF) of $423. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market conditions. Such stability in pricing underscores the confidence in the local real estate market, particularly in Geylang, which remains a sought-after locality for both homeowners and investors alike.

With a model confidence rating of high, this valuation is substantiated by an analysis of 419 recent HDB resale transactions within the vicinity, providing a robust dataset that reinforces the reliability of the estimated value. The remaining lease period of 49 years, while on the shorter side compared to new launches, is typical for many HDB properties and indicates a need for potential buyers to weigh their investment horizon against the lease duration. The equilibrium reflected in the market price highlights an ongoing demand that is likely driven by Geylang's strategic location, vibrant community, and accessibility to amenities, ensuring that this HDB property remains an attractive option in Singapore's dynamic real estate landscape.