Common Room (HDB) for Rent in 108 Potong Pasir Avenue 1

The valuation of the HDB 2-room unit in Geylang, with an estimated value of $59,047, reflects a price per square foot (PSF) of $590. This valuation comes as the property enjoys a remaining lease of 57 years, which is a significant consideration in the context of Singapore's public housing market. The current market price indicates a 0% difference from the baseline, suggesting that this property is aligned with recent transaction trends in the area, despite the low confidence level of the model utilized for this assessment.

Analyzing the recent six HDB resale transactions in the vicinity, it is evident that market dynamics are stabilizing, with properties in Geylang maintaining a consistent valuation pattern. However, the low model confidence suggests potential fluctuations in demand or buyer sentiment, particularly given the relatively short remaining lease period. Investors and homeowners alike should consider these factors when evaluating this property, as the longevity of the lease could impact future resale value and overall investment potential.