Common Room (HDB) for Rent in 102A Bidadari Park Drive

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 93 years, stands at an estimated value of $69,472, translating to a price per square foot (PSF) of $695. This valuation reflects a market price that is aligned with the baseline, indicating a 0% variance, which suggests stability in demand and pricing within this segment of the market. Such equilibrium can be interpreted as a signal of sustained interest from buyers, reinforcing the property's appeal in a competitive market landscape.

Our analysis derives from an extensive review of 41 recent HDB resale transactions in the vicinity, providing a robust foundation for our valuation metrics. The high model confidence associated with this estimate underscores the reliability of the data sources and market conditions observed. As Geylang continues to be a sought-after location due to its vibrant culture and strategic connectivity, this HDB unit retains a strong position in terms of long-term investment potential, particularly given the advantageous remaining lease that offers future residents the security of a prolonged tenure.