2 Room (2I) HDB for Sale in 96 Aljunied Crescent

The valuation for the HDB 2 Room unit in Geylang, with a remaining lease of 47 years, stands at an estimated value of $267,846, translating to a price per square foot (PSF) of $452. This valuation positions the property significantly above the market baseline, reflecting a notable 37.4% premium. Such a deviation indicates heightened demand or unique characteristics that may not be fully captured in the broader market analysis.

However, it is essential to highlight that the model confidence for this valuation is classified as low, primarily influenced by the limited dataset available—drawing insights from only one recent HDB resale transaction in the vicinity. This scarcity of comparable data points raises questions about the stability of the market signals and suggests that potential buyers should exercise caution. The dynamics of the Geylang property market, particularly for HDB units with a dwindling lease, require careful consideration of both current market trends and future leasehold implications.