3 Room HDB for Rent in 114 Lengkong Tiga

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 61 years, stands at an estimated value of $866,544, translating to $619 PSF. This valuation reflects a stable market position, with a 0% difference from the baseline, indicating that the property is currently priced in alignment with prevailing market trends. This suggests a balanced demand and supply scenario in the Geylang precinct, a region known for its vibrant community and strategic location within Singapore.

The model confidence for this valuation is rated as high, grounded in the analysis of 28 recent HDB resale transactions in the vicinity. Such a robust dataset not only enhances the reliability of this valuation but also underscores the competitive nature of the market in Geylang. The remaining lease of 61 years is a significant factor for potential buyers, as it affects long-term investment considerations. Nonetheless, the current market dynamics reflect a steady interest in HDB properties within this locale, suggesting that buyers continue to value the unique offerings of Geylang amidst Singapore's evolving real estate landscape.