Common Room (HDB) for Rent in 18D Circuit Road

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 89 years, stands at an estimated value of $69,795 or $698 PSF. This valuation reflects a stable market position, as indicated by a 0% difference from the baseline market price. Such stability suggests a balanced supply-demand dynamic in the Geylang area, where recent resale transactions have demonstrated resilience amidst broader market fluctuations.

Our analysis is bolstered by data derived from 40 recent HDB resale transactions in the vicinity, lending a high degree of confidence to our model. The remaining lease of 89 years is particularly advantageous, as it aligns well with buyer preferences for longer lease tenures, thereby enhancing the unit's appeal in the market. The Geylang precinct, characterized by its vibrant community and strategic location, continues to attract interest, further underpinning the valuation's integrity. This positioning signals potential for sustained interest and future value appreciation, making it a noteworthy consideration for both investors and homeowners alike.