Common Room (HDB) for Rent in 3A Upper Boon Keng Road

The valuation of the HDB 2-room property located in Geylang, with a remaining lease of 79 years, stands at an estimated value of $76,678, translating to a price per square foot (PSF) of $697. This figure reflects a market price that is effectively at parity with baseline expectations, indicating a 0% difference from the established market norms. Such stability in pricing suggests a robust demand for properties in this area, supported by a solid foundational market sentiment.

The model confidence level is categorized as high, bolstered by an analysis of 44 recent HDB resale transactions in the vicinity. This extensive data set provides a reliable benchmark for assessing property values in Geylang, highlighting the area's appeal among buyers and investors alike. The consistent lease term of 79 years offers potential homeowners and investors a considerable horizon for property appreciation, which is a critical factor in Singapore's dynamic real estate landscape. As urban development continues to reshape Geylang, this HDB unit represents a strategic opportunity within a well-established neighborhood.