5-Room HDB for Room Rent: 126 Aljunied Road

The valuation of the HDB 5-room unit in Geylang, with a remaining lease of 55 years, stands at an estimated value of $79,761, translating to a price per square foot (PSF) of $499. This valuation aligns with the current market price, reflecting a 0% difference from the established baseline. Such a stable price point indicates a balanced market dynamic, where demand and supply have reached an equilibrium. However, it is essential to note that the model confidence for this valuation is classified as low, suggesting potential variability in future price movements.

Analyzing the broader context, the assessment is based on four recent HDB resale transactions in the vicinity, which serve as a foundational benchmark for this valuation. With a considerable remaining lease, the property benefits from the intrinsic value associated with long-term occupancy. However, the low model confidence indicates that external factors, such as economic fluctuations or shifts in buyer sentiment, could impact future valuations. Investors and homeowners alike should remain vigilant regarding market trends in Geylang, as these dynamics could influence the desirability and value of HDB properties in the area.