Common Room (HDB) for Rent in Circuit Road

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $118,904, translating to a competitive price of $699 per square foot (PSF). This valuation reflects a strong alignment with the current market conditions, as indicated by a market price that shows no deviation from the baseline. Such stability is a notable characteristic in the Geylang region, which continues to exhibit resilience amidst varying economic climates.

With a model confidence rating categorized as high, this assessment is supported by recent data from 43 HDB resale transactions in the vicinity, reinforcing the credibility of the valuation. The stability of the market price, combined with the remaining lease period, suggests a balanced demand and supply dynamic, appealing to both potential homeowners and investors. As Geylang continues to evolve, properties like this HDB unit may offer not just a home, but also a strategic investment opportunity in Singapore’s robust real estate landscape.