Common Room (HDB) for Rent in 47 Circuit Road

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 42 years, stands at an estimated value of $23,559, translating to $393 per square foot. This valuation reflects a significant alignment with current market conditions, as indicated by a market price that shows a 0% difference from the baseline. This stability suggests a balanced demand and supply scenario in the Geylang precinct, where recent transactions have demonstrated resilience in pricing.

Our analysis, grounded in the examination of 31 recent HDB resale transactions within the vicinity, reveals a high model confidence in this valuation. The consistent pricing signals a robust market environment, further supported by the enduring appeal of Geylang as a desirable residential location. With the remaining lease of 42 years being a crucial factor for potential buyers, it remains essential to monitor the evolving dynamics of the HDB market, which may influence future valuations and buyer sentiment in this vibrant district.