Studio Terraced House (Landed) for Rent in Lorong 36 Geylang

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 75 years, reflects a strategic positioning within the current market dynamics. Priced at an estimated value of $134,872, translating to $674 per square foot (PSF), this property sits at the baseline market price, indicating a stable demand and supply equilibrium in this vibrant district. The high model confidence rating underscores the robustness of this valuation, grounded in a comprehensive analysis of 42 recent HDB resale transactions in the vicinity, which provide a reliable benchmark for market performance.

Geylang, known for its rich cultural tapestry and strategic location, continues to attract interest from both homeowners and investors alike. With the remaining lease of 75 years, this property presents a compelling opportunity for long-term investment, particularly as the area's infrastructure and amenities evolve. As market conditions remain stable, the absence of deviation from the baseline price suggests a well-balanced market, where potential buyers can expect fair value in their investment, while sellers can leverage the area's desirability to achieve optimal returns.