Bungalow for Room Rent: Landed Room For Rent

The valuation of the HDB 2-room unit located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $169,503, translating to a price per square foot (PSF) of $678. This valuation reflects a market signal indicating zero percent deviation from the established baseline, suggesting a stable pricing environment amidst current market dynamics. The high model confidence rating reinforces the reliability of this assessment, drawing upon a robust dataset comprising 40 recent HDB resale transactions within the immediate vicinity.

In the context of Singapore's real estate landscape, properties with longer remaining leases, such as this Geylang unit, typically retain higher value and appeal. The proximity to amenities and transport links in Geylang further enhances the desirability of this unit, making it an attractive option for both investors and first-time buyers alike. As the market continues to evolve, this valuation serves as a vital benchmark for understanding the competitive landscape and the intrinsic value of HDB properties in this vibrant neighborhood.