Master Room (HDB) for Rent in 111 Aljunied Crescent

The valuation of the HDB 2 Room property located in Geylang reflects a nuanced understanding of the current market dynamics, particularly in relation to the remaining lease of 50 years. With an estimated value of $118,241, equating to $473 per square foot, this property is positioned at a critical juncture in the HDB resale market. The valuation indicates a market price that shows no deviation from the baseline, suggesting that the property is accurately priced in line with prevailing market conditions.

Our analysis is supported by a robust dataset comprising 44 recent HDB resale transactions in the vicinity, providing a strong foundation for the high model confidence rating. The stability of the valuation amidst the varying lease tenures in the Geylang area underscores the demand for HDB units, particularly those with a manageable remaining lease. This property exemplifies the delicate balance between affordability and lease longevity, making it an appealing consideration for potential buyers looking to invest in an area that continues to demonstrate resilience in the face of broader market fluctuations.