Master Room (HDB) for Rent in 115C Alkaff Crescent

The valuation of the HDB 3 room unit in Geylang, with a remaining lease of 92 years, stands at an estimated value of $842,096, translating to a robust $1,150 per square foot. This valuation reflects a significant understanding of the local market dynamics and is anchored by a comprehensive analysis of 71 recent HDB resale transactions in the vicinity, ensuring a high model confidence rating. The property’s valuation shows a remarkable alignment with the prevailing market price, indicating a 0% difference from the baseline. This suggests that the unit is accurately priced in relation to similar properties in the area, presenting a stable investment opportunity for potential buyers.

Geylang, known for its vibrant culture and proximity to the central business district, continues to attract both homeowners and investors alike. With the remaining lease of 92 years, this property offers a substantial tenure that is appealing in the context of Singapore’s real estate landscape, where leasehold duration is a critical factor influencing value perception. As demand for HDB units remains resilient, particularly in well-connected locales like Geylang, this property not only represents a sound investment but also embodies the enduring allure of Singapore’s public housing sector.