Common Room (4A) HDB for Rent in 2 Haig Road

The valuation of the HDB 4 Room unit located in Geylang reflects a comprehensive analysis of the current market dynamics, particularly given its remaining lease of 49 years. With an estimated value of $84,690, translating to a price per square foot (PSF) of $423, this property demonstrates a stable market position, exhibiting no deviation from the established baseline price. Such stability suggests a balanced demand and supply scenario within the Geylang area, bolstered by the strong confidence level derived from 54 recent resale transactions in proximity.

As the market adapts to the evolving landscape of residential properties, the remaining lease period significantly influences buyer sentiment and pricing strategies. Properties with mid-range leases, such as this unit, often appeal to investors seeking long-term rental yields and homebuyers prioritizing affordability without compromising on location. The high model confidence underscores the robustness of the valuation metrics, reinforcing the attractiveness of this HDB unit as a viable asset in Singapore’s competitive real estate environment.