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

In the vibrant district of Geylang, this HDB 3-room unit holds a significant position in the market with a remaining lease of 52 years. The estimated value of $365,421, translating to a price per square foot of $497, reflects a current equilibrium in pricing, as indicated by a market signal showing a 0% difference from the baseline. This stability suggests that the property is well-positioned in terms of its valuation, aligning closely with the expectations of prospective buyers who are navigating the complexities of the HDB resale market.

However, it is essential to note that the model confidence for this valuation is categorized as low, which indicates potential volatility influenced by various external factors. The analysis is supported by four recent HDB resale transactions in the vicinity, underscoring the importance of local market dynamics. Buyers should remain cognizant of the implications of the relatively short remaining lease, as properties with shorter leases often experience fluctuations in demand and value, particularly as they approach the end of their lease terms. In summary, while this property represents a solid investment opportunity within Geylang, careful consideration of lease longevity and market trends is paramount for informed decision-making.