Common Room (HDB) for Rent in 105B Bidadari Park Drive

The HDB 2-room unit located in Geylang, with a remaining lease of 92 years, has been appraised at an estimated value of $83,649, translating to a price per square foot (PSF) of $697. This valuation is particularly noteworthy as it reflects a market price that is aligned with the baseline, showcasing a 0% difference. Such stability in pricing indicates a balanced market environment where supply and demand are well-matched, providing a strong case for this property’s investment potential.

The model confidence in this valuation is classified as high, underscored by a robust analysis of 44 recent HDB resale transactions in the vicinity. This extensive dataset enhances the reliability of the valuation, revealing consistent market dynamics that contribute to the enduring appeal of Geylang as a residential locale. The remaining lease of 92 years further strengthens the attractiveness of this property, ensuring potential buyers a significant duration of habitation and investment security in a competitive real estate market.