Common Room (Landed) for Rent in Geylang Conservation Area

The valuation of the two-room HDB unit in Geylang, with a remaining lease of 65 years, is estimated at $123,292 or $616 PSF. This valuation reflects a market price that shows a stable condition, with a 0% difference from the baseline, indicating that the property is priced accurately in relation to recent market trends. This equilibrium suggests that both buyers and sellers are aligned in their expectations, fostering a healthy transactional environment.

Our analysis is grounded in a comprehensive review of 44 recent HDB resale transactions in the vicinity, which reinforces the model confidence at a high level. The Geylang area, known for its vibrant culture and connectivity, continues to attract interest from both investors and homebuyers. The 65-year remaining lease is a critical factor, as HDB properties with longer leases often command better value retention and appeal. As the market evolves, this property stands as a testament to the resilience of the HDB segment, reflecting broader dynamics that maintain its desirability amidst shifting economic landscapes.