Corner Terrace for Room Rent: 1 Teo Kim Eng Road

The valuation of the HDB 4-room property located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $249,528, translating to a price per square foot (PSF) of $832. This valuation reflects the current market conditions, indicating a balanced market price with a 0% difference from the established baseline. Such stability suggests that the property is well-positioned within the competitive landscape of HDB transactions in the area.

Our analysis is informed by a robust dataset of 497 recent HDB resale transactions in the vicinity, contributing to a high confidence level in the valuation model. The consistent demand for HDB properties in Geylang, coupled with the remaining lease period, enhances the attractiveness of this asset for potential buyers. As the market dynamics continue to evolve, this property represents a strategic investment opportunity, reflecting both intrinsic value and favorable lease longevity.