3 Room (3S) HDB for Rent in 72 Geylang Bahru

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 46 years, stands at an estimated value of $257,315, translating to a price per square foot (PSF) of $405. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a stable yet cautious sentiment among potential buyers in this locale. The low model confidence associated with this valuation stems from the limited data, as it is based solely on one recent HDB resale transaction in the vicinity.

In the context of Singapore's dynamic real estate landscape, the longevity of the remaining lease is a critical factor influencing buyer sentiment. Properties with shorter leases often experience diminished value and liquidity, particularly as the lease approaches the 30-year mark. This underscores the importance of evaluating market trends and buyer psychology in areas like Geylang, which historically has seen a mix of demand from both owner-occupiers and investors. As such, while the current valuation suggests stability, it also highlights the need for keen observation of market fluctuations and potential shifts in buyer preferences going forward.