5 Room HDB for Rent in 39 Upper Boon Keng Road

The valuation of the HDB 5 Room property located in Geylang reveals an estimated value of $552,213, translating to a price per square foot of $428. With a remaining lease of 49 years, this property is situated within a dynamic market that showcases stability, as indicated by the market price reflecting a 0% difference from the baseline. This stability is crucial for potential investors and homeowners alike, suggesting that the property has maintained its intrinsic value amidst fluctuating market conditions.

Our analysis is grounded in data derived from 31 recent HDB resale transactions in the vicinity, which supports a high model confidence level. This robust dataset not only reinforces the estimated value but also highlights the demand for HDB properties in Geylang, an area known for its vibrant community and accessibility. The remaining lease length of 49 years is noteworthy, as it positions the property within a favorable range for long-term habitation while balancing the considerations of future resale potential. Overall, this valuation encapsulates the current market dynamics, emphasizing the resilience and desirability of HDB living in Singapore.