5 Room HDB for Rent in 39 Upper Boon Keng Road

The valuation of the 5-room HDB property in Geylang, with a remaining lease of 49 years, stands at an estimated value of $554,242, translating to $429 per square foot. This valuation reflects a notable stability in the market, as evidenced by the 0% difference from the baseline market price. Such equilibrium suggests a balanced demand and supply dynamic within the Geylang region, making this property an attractive investment opportunity for discerning buyers.

Our analysis is substantiated by a robust dataset encompassing 33 recent HDB resale transactions in the vicinity, which reinforces our model's confidence level as high. The remaining lease period of 49 years is a critical factor in the valuation, as properties with shorter leases may experience depreciation in interest among potential buyers. However, Geylang remains a vibrant locality, known for its strategic location and amenities, which continues to uphold property values, thereby enhancing the appeal of this particular HDB unit.