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 $76,361, translating to a price per square foot (PSF) of $694. This valuation reflects a stable market price, displaying a 0% difference from the baseline, which indicates a well-balanced demand and supply dynamic in this sought-after locality. The ability to maintain this price point suggests that the property remains attractive to potential buyers, aligning with broader market trends that prioritize accessibility and value retention in residential spaces.

Our analysis is grounded in a robust dataset comprising 42 recent HDB resale transactions in the vicinity, which enhances the confidence level of this valuation to high. This strong model confidence reinforces the notion that Geylang continues to be a desirable area due to its strategic location, vibrant lifestyle offerings, and community amenities. The remaining lease of 79 years is particularly significant, as it provides prospective buyers with an extended period of ownership, thus ensuring that the property remains a viable investment option in the face of evolving market conditions.