Bungalow for Room Rent: Lovely detached house on Changi Road

The valuation of the HDB 2-room unit located in Geylang reflects a robust property market, with an estimated value of $101,154 or $674 PSF, indicating a stable position within the current landscape of residential properties. With a remaining lease of 93 years, this unit benefits from a significant tenure that appeals to both investors and owner-occupiers seeking long-term residence. The valuation stands at a market price with a 0% difference from baseline, suggesting that the property is priced accurately in relation to comparable sales in the area.

Our analysis draws from 42 recent HDB resale transactions within the vicinity, which enhances the reliability of our valuation model. The high model confidence underscores the consistency seen in pricing trends, as Geylang continues to attract interest due to its strategic location and vibrant community. This stability in market dynamics indicates a sustained demand for HDB properties in the region, making it an opportune moment for potential buyers to consider investments in this thriving enclave.