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

In the current analysis of the HDB 3-room property located in Geylang, we observe a valuation of $269,557, translating to $417 PSF. This assessment is grounded in a detailed examination of recent market transactions, incorporating data from eight comparable HDB resale transactions within the vicinity. The property boasts a remaining lease of 49 years, positioning it within a competitive segment of the market where lease tenure remains a pivotal factor influencing buyer sentiment and price dynamics.

Notably, the current estimated value reflects a market price that is aligned with the baseline, indicating a 0% difference. This stability suggests a balanced demand and supply equation in the Geylang area, where buyer interest remains consistent despite the moderating lease period. The model confidence is rated as medium, reflecting a nuanced understanding of local market trends and the specific characteristics of the property. As the HDB landscape continues to evolve, the interplay between lease duration and market fluctuations will remain a critical consideration for prospective buyers and investors alike.