3 Room (3I) HDB for Rent in 18 Upper Boon Keng Road

The HDB 3 Room property located in Geylang, with a remaining lease of 48 years, presents a compelling investment opportunity within Singapore's dynamic real estate landscape. With an estimated value of $303,791, translating to $415 PSF, this unit reflects a market price that is in equilibrium, exhibiting a 0% difference from the baseline. This stability in pricing indicates a balanced demand and supply scenario in the Geylang area, where recent data shows robust market activity.

Underpinned by a high model confidence level, this valuation is derived from a comprehensive analysis of 419 recent HDB resale transactions in the vicinity. Such a substantial dataset not only reinforces the reliability of the estimated value but also underscores the competitive nature of Geylang as an attractive residential option. With the remaining lease being a critical factor for potential buyers, the property’s valuation is further bolstered by the area's ongoing development and urban renewal initiatives, which promise to enhance the living environment and, consequently, the long-term value of HDB properties in the region.