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

The appraisal of the HDB 2-room flat located in Geylang reveals a current estimated value of $83,754, translating to a price per square foot of $698. With a remaining lease of 79 years, this property stands out in a dynamic market that is characterized by stable demand and a consistent supply of HDB units. The valuation reflects a 0% difference from the baseline market price, indicating that the property is accurately priced in line with current market trends.

Our analysis is supported by a comprehensive review of 40 recent HDB resale transactions within the vicinity, which reinforces the model's high confidence level. This consistent pricing suggests a robust market environment, where buyers are willing to engage at current valuations, thereby sustaining property values despite broader economic fluctuations. Given Geylang's strategic location and ongoing urban development initiatives, the remaining lease of this HDB unit provides a significant advantage, catering to both long-term residents and investors who are increasingly seeking properties with substantial lease periods. As the market continues to evolve, this property represents a compelling opportunity for prospective homeowners and investors alike.