Common Room (HDB) for Rent in 304 Ubi Avenue 1

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 60 years, stands at an estimated value of $104,811, translating to a price per square foot (PSF) of $699. This valuation is indicative of the current market dynamics in the area, which remains stable with a market price showing a 0% difference from the baseline. The model confidence is rated as high, supported by an extensive analysis of 500 recent HDB resale transactions within the vicinity, which underscores the reliability of these figures.

Geylang has historically been a sought-after location due to its strategic proximity to the city center and a vibrant mix of amenities. The remaining lease of 60 years is a critical factor in determining the property’s long-term value retention and investment viability. As the HDB market continues to evolve, this unit's valuation reflects a balanced interplay of supply and demand, coupled with the area's unique characteristics that appeal to both homeowners and investors alike. The consistency in pricing signals a resilient market, reinforcing the attractiveness of Geylang as a prime residential locale.