Common Room (HDB) for Rent in 119 Potong Pasir Avenue 1

The HDB 2 Room property located in the vibrant Geylang area presents an estimated value of $57,360, translating to a price per square foot of $574. With a remaining lease of 57 years, this valuation reflects a keen alignment with current market conditions, showcasing a market price that remains stable with a 0% difference from the baseline. Such stability indicates a well-balanced demand and supply dynamic in the region, particularly pertinent for properties of this nature.

Our analysis is underpinned by a review of 12 recent HDB resale transactions in the vicinity, which provide a solid foundation for the estimated value. The model confidence level is classified as medium, suggesting a reasonable degree of certainty in the current valuation yet acknowledging potential fluctuations influenced by broader market trends and economic factors. As Geylang continues to develop and attract interest, especially among young professionals and families, the longevity of the remaining lease will play a crucial role in maintaining the property’s appeal and value retention over time.