Common Room (HDB) for Rent in 341 Ubi Avenue 1

The valuation of the HDB 2 Room unit located in Geylang, with a remaining lease of 59 years, has been estimated at $110,014, translating to a price per square foot (PSF) of $611. This valuation reflects a market price that is in line with the baseline, indicating a 0% difference. While the current valuation is stable, it is essential to note that the model confidence is rated as low, which suggests that fluctuations in market dynamics may not be fully captured due to limited transaction data.

The analysis is based on six recent HDB resale transactions within the vicinity, providing a modest dataset for comparison. The Geylang area, characterized by its vibrant urban lifestyle and proximity to essential amenities, continues to attract interest from both homeowners and investors. However, the remaining lease of 59 years may impact potential buyers' perceptions and willingness to invest. This lease duration, while still substantial, could lead to varying degrees of price sensitivity among prospective purchasers, particularly as they weigh long-term value and future resale potential.