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

The valuation of the HDB 3-room property located in Geylang, with a remaining lease of 52 years, stands at an estimated value of $365,421, translating to a price per square foot (PSF) of $497. This valuation reflects a neutral market signal, indicating a 0% difference from the baseline, suggesting that the property is currently positioned at a standard market rate relative to similar transactions within the vicinity. The data is derived from four recent HDB resale transactions, providing a focused snapshot of the local market dynamics.

It is important to note that the model confidence for this valuation is categorized as low, which may be indicative of potential volatility within the Geylang area. Factors contributing to this uncertainty could include fluctuations in demand for properties with a remaining lease of 52 years, as well as the evolving preferences of buyers seeking longer lease tenures. As the market continues to adapt to changing economic conditions, prospective investors and homeowners should remain vigilant in monitoring trends that may influence future valuations in this unique segment of the Singapore property landscape.