Common Room (HDB) for Rent in 2D Upper Boon Keng Road

This valuation report examines a 2-room HDB unit located in the highly sought-after Geylang area, with a remaining lease of 79 years. The estimated value of $83,649, translating to a price per square foot (PSF) of $697, reflects the competitive nature of the current market, where prices exhibit no significant deviation from the baseline. This stability suggests a well-balanced demand and supply scenario, reinforced by the recent performance of 44 HDB resale transactions within the vicinity, indicating a robust interest in this segment.

The high model confidence rating underscores the reliability of the valuation, further affirming Geylang's appeal as a vibrant residential enclave. The remaining lease of 79 years positions this property favorably, as it strikes a balance between affordability and potential for appreciation, particularly in an area known for its dynamic cultural landscape. As a prime location, Geylang continues to attract both homeowners and investors, making this 2-room HDB unit a compelling opportunity for those looking to capitalize on the ongoing market trends.