Common Room (HDB) for Rent in 324 Ubi Avenue 1

The valuation of the 4-room HDB unit located in Geylang, with a remaining lease of 58 years, stands at an estimated value of $65,660, translating to a price per square foot (PSF) of $657. This valuation reflects a critical analysis of current market conditions and is derived from a comprehensive assessment based on 496 recent HDB resale transactions in the vicinity. Such a robust dataset lends high confidence to the model, ensuring that the estimated value is representative of the prevailing market dynamics.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that this property is positioned precisely at the market equilibrium, where supply meets demand without significant fluctuations. This stable valuation is indicative of Geylang's enduring appeal, characterized by its strategic location and vibrant community. As the remaining lease of 58 years is taken into consideration, potential buyers and investors should weigh the longevity of the lease against their investment timelines, particularly in a market where leasehold properties are often scrutinized. Overall, this valuation not only highlights the property’s market standing but also reflects the resilient nature of the HDB market in Singapore.