Common Room (HDB) for Rent in 2C Upper Boon Keng Road

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 79 years, stands at an estimated value of $76,678, translating to a price per square foot (PSF) of $697. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand for HDB properties in this sought-after district. The absence of deviation from the baseline price suggests a balanced market condition where buyers and sellers are in agreement regarding the property's value.

Our analysis draws upon 44 recent HDB resale transactions in the vicinity, showcasing a robust dataset that reinforces the high model confidence in this valuation. Geylang's appeal can be attributed to its strategic location, vibrant culture, and access to various amenities, which continue to attract prospective buyers. As the remaining lease of this unit is substantial at 79 years, it offers potential homeowners a significant window of opportunity for both livability and future resale value. In terms of market dynamics, the stability in pricing signals a resilient HDB market, where factors such as location, lease duration, and community infrastructure play pivotal roles in influencing buyer sentiment and investment potential.