3 Room (3NG) HDB for Rent in 112 Aljunied Crescent

The current valuation for the 3-room HDB unit in Geylang, pegged at an estimated value of $365,421 (equating to $497 PSF), reflects a stable yet cautious market sentiment. With a remaining lease of 52 years, this property is positioned within a unique market segment where lease duration plays a critical role in investor perception and pricing dynamics. The market signal indicates a 0% difference from the baseline, suggesting that the property’s valuation remains aligned with recent transactions, giving us insight into the equilibrium of supply and demand in this locality.

The model confidence for this valuation is categorized as low, primarily derived from a limited dataset of only four recent HDB resale transactions in close proximity. This scarcity of comparable sales may contribute to potential fluctuations in perceived value, as buyer sentiment can be impacted by factors such as leasehold considerations and market volatility. The Geylang area, known for its vibrant culture and strategic location, continues to attract interest; however, the remaining lease duration may deter certain buyers who prioritize longer lease tenures. As the market evolves, continuous monitoring of transaction data and buyer behavior will be essential for refining valuation accuracy in this segment.