3 Room HDB for Rent in 72 Geylang Bahru

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 54 years, stands at an estimated value of $307,298, translating to a price per square foot (PSF) of $476. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand for properties in this area despite the relatively low confidence level assigned to the model, which is classified as low. Such a confidence rating can be attributed to the limited data set, with only one recent HDB resale transaction in the vicinity serving as the basis for this analysis.

In the context of Geylang’s dynamic real estate landscape, the remaining lease plays a critical role in influencing buyer sentiment and investment decisions. A 54-year lease may deter some potential buyers who are wary of the implications of lease decay on long-term value retention. However, Geylang's strategic location and vibrant community may still appeal to certain demographics, particularly younger families and investors looking for rental opportunities. As the market continues to evolve, it will be essential to monitor ongoing trends and transaction volumes in order to gain deeper insights into the future performance of HDB properties in this locality.