4 Room (4NG) HDB for Rent in 120 Geylang East Central

The valuation of the HDB 4-room flat in Geylang, with a remaining lease of 54 years, stands at an estimated value of $463,774, equating to a price per square foot (PSF) of $515. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting stability in demand for similar properties in the area. The Geylang district, known for its vibrant culture and strategic location, continues to attract interest, yet the low transaction volume, with only one recent resale transaction considered in this analysis, raises concerns regarding the robustness of this valuation.

With a model confidence rating classified as low, stakeholders must approach this valuation with caution. The remaining lease of 54 years is a critical factor influencing buyer sentiment, as properties with shorter leases typically face increased scrutiny and potential depreciation in value over time. Additionally, the limited data points available for this analysis indicate a need for further market observations to better gauge the dynamics at play within the Geylang HDB market. As such, prospective buyers and investors are encouraged to consider broader market trends and consult with property experts to navigate the complexities of HDB valuations in the current economic landscape.