Common Room (HDB) for Rent in 120 Paya Lebar Way

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 52 years, stands at an estimated value of $88,301, translating to a price per square foot (PSF) of $589. This valuation is particularly significant as it reflects a market price that shows no deviation from the established baseline, indicating a stable demand in the Geylang area. The high model confidence rating underlines the robustness of this valuation, supported by an extensive analysis of 496 recent HDB resale transactions in the vicinity. Such a comprehensive dataset reinforces our understanding of current market dynamics.

Geylang, known for its vibrant culture and strategic location, continues to attract both homeowners and investors alike. The remaining lease of 52 years is a vital consideration for potential buyers, as it positions the property within the context of Singapore’s evolving real estate landscape. With the area maintaining its appeal, the HDB market in Geylang showcases a resilient performance, reflecting the broader trends of urban living and the demand for affordable housing options. As the market stabilizes, this property stands as a testament to the enduring value of HDB living in a prime location.