Corner Terrace for Room Rent: 000 Sallim Road

In the vibrant precinct of Geylang, the subject HDB 2-room unit stands out with a robust estimated value of $349,674, translating to a competitive price per square foot of $698. This valuation is underpinned by a high model confidence, reflecting a thorough analysis of 40 recent HDB resale transactions in the vicinity. The remaining lease of 75 years offers a significant advantage, appealing to both first-time buyers and seasoned investors who prioritize long-term value retention in Singapore's dynamic property landscape.

The absence of deviation from the baseline market price signals a stable demand for HDB properties in Geylang, indicating a balanced marketplace where supply aligns closely with buyer interest. This equilibrium suggests that the local market remains resilient, with potential for future appreciation as urban developments continue to enhance the area's connectivity and amenities. The strategic position of this HDB unit further amplifies its appeal, making it not only a sound investment but also a desirable dwelling for those seeking to experience the rich cultural fabric of Geylang.