Bungalow for Room Rent: 2C Clifton Vale

The valuation of the 2-room HDB unit located in the vibrant district of Geylang stands at an estimated $98,990, translating to an impressive $678 per square foot. With a remaining lease of 75 years, this property is positioned within a competitive market that reflects a zero percent deviation from the baseline price. This stability indicates a balanced demand and supply scenario, suggesting that the property is accurately priced in relation to its peers in the neighbourhood.

Our analysis, grounded in data from 40 recent HDB resale transactions in the vicinity, reveals a strong market confidence level categorized as high. This robust model confidence underscores the resilience of the Geylang area as a desirable residential enclave, particularly for buyers seeking accessible public housing options. The ongoing development and urban planning initiatives in the region further enhance the investment appeal, ensuring that such properties maintain their value over the long term.