Semi-Detached House for Room Rent: Kembangan, near MRT

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 82 years, reflects a calculated estimated value of $135,431, translating to a robust $677 per square foot. This figure is particularly noteworthy as it indicates a market price that remains steadfast, showing a 0% deviation from the baseline. Such stability in pricing underscores the resilience of the Geylang property market, particularly in the context of recent economic fluctuations.

With a high model confidence derived from an analysis of 44 recent HDB resale transactions in the vicinity, this valuation is supported by strong empirical data. The remaining lease of 82 years serves as a critical factor in appealing to prospective buyers, as it ensures longevity and the potential for future capital appreciation. As the market continues to demonstrate robust demand for HDB properties in strategic locations like Geylang, this unit stands as an attractive investment opportunity, reflecting both the vibrancy of the local real estate landscape and the enduring appeal of HDB living in Singapore.