Common Room (HDB) for Rent in 2B Upper Boon Keng Road

The valuation of the HDB 2-room unit located in Geylang, with a remaining lease of 79 years, stands at an estimated value of $104,561, translating to approximately $697 PSF. This valuation reflects a balanced market position with a market price exhibiting a 0% difference from the baseline, indicative of a stable demand and supply equilibrium in the current HDB resale landscape. The model confidence level for this assessment is rated as High, underscoring the robustness of the data analysis derived from 44 recent HDB resale transactions within the vicinity.

In the context of Singapore's dynamic real estate market, Geylang's HDB sector demonstrates resilience amid fluctuating economic conditions. The remaining lease of 79 years is particularly noteworthy, as it positions the property favorably for potential buyers seeking longevity in their investment. Furthermore, the lack of deviation from the baseline price signals a consistent interest in the area, which can be attributed to Geylang's strategic location and accessibility. As the market evolves, close monitoring of lease durations and transaction trends will remain crucial for stakeholders aiming to navigate the intricacies of property investment in this vibrant district.