Common Room (HDB) for Rent in 4 Upper Aljunied Lane

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 41 years, stands at an estimated value of $48,033, translating to a price per square foot (PSF) of $372. This valuation reflects a market price that is in line with the baseline, indicating a 0% deviation. Such stability in pricing suggests a well-balanced demand and supply dynamic within the Geylang area, which continues to attract both owner-occupiers and investors alike.

With a model confidence rating of high, this valuation is bolstered by an analysis of 31 recent HDB resale transactions in the vicinity, which provides a robust dataset for comparison. As the remaining lease period approaches the critical threshold of 30 years, prospective buyers may exhibit varying degrees of interest based on their investment horizon and risk appetite. However, the consistent market signals and the locality's enduring appeal suggest that this property remains a viable option for those looking to engage in the HDB resale market.