5-Room HDB for Room Rent: 111 Lengkong Tiga

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 62 years, stands at an estimated value of $162,166, translating to a price per square foot (PSF) of $541. This valuation reflects a stable market positioning, as indicated by a market price that registers a 0% difference from the baseline. Such stability suggests that the property is competitively priced within the local market, making it an attractive proposition for potential buyers seeking solid investment opportunities in a well-established HDB locale.

Analyzing the market dynamics, the confidence in this valuation is rated as high, supported by a comprehensive assessment of 20 recent HDB resale transactions in the vicinity. The consistent performance of these comparable sales indicates a resilient demand for HDB properties in Geylang, which is renowned for its strategic location and vibrant community. With the remaining lease of 62 years, this property not only appeals to owner-occupiers but also to investors looking for long-term capital appreciation. As the urban landscape of Singapore continues to evolve, properties with such characteristics are likely to maintain their desirability and value in the years to come.