5 Room (5I) HDB for Sale in 658 Jalan Tenaga

The valuation of the HDB 5-room property in Geylang, with a remaining lease of 69 years, reflects a robust market position, underscored by an estimated value of $1,110,721, translating to approximately $819 per square foot (PSF). This valuation not only indicates a strong demand for HDB units in the Geylang area but also highlights the premium associated with properties that maintain a substantial remaining lease, essential for long-term investment considerations. The current market signal categorizes this opportunity as a "Good Deal," with a notable 19.9% difference from the baseline, suggesting favorable conditions for potential buyers.

The model confidence for this valuation is classified as high, bolstered by a comprehensive analysis of 20 recent HDB resale transactions within the vicinity. This empirical data reinforces the credibility of the valuation, illustrating a consistent upward trend in property values in Geylang. The convergence of favorable lease terms and competitive pricing positions this HDB unit as an attractive asset, appealing to both first-time buyers and seasoned investors looking to capitalize on Singapore's resilient real estate market.