3 Room (3NG) HDB for Rent in 112 Aljunied Crescent

The valuation of the HDB 3 Room unit located in Geylang, with a remaining lease of 52 years, stands at an estimated value of $330,218, translating to a price per square foot (PSF) of $449. This valuation reflects a stable market position with a notable market price that exhibits a 0% difference from the baseline, indicating that the property is currently aligned with prevailing market rates. Such a situation suggests a balanced demand and supply scenario, where buyers are willing to engage at the current price point without significant volatility.

Analyzing the surrounding market dynamics, the model confidence for this valuation is rated as high, bolstered by an extensive dataset comprising 419 recent HDB resale transactions in the vicinity. This robust data pool not only enhances the reliability of the valuation but also underscores the consistent interest in the Geylang area, known for its vibrant community and strategic location. The remaining lease of 52 years is a critical factor, as it provides potential buyers with a reasonable timeframe for ownership while also factoring in considerations of lease decay. Overall, this HDB unit presents itself as a solid investment opportunity in a competitive market environment.