Common Room (HDB) for Rent in 60 Circuit Road

The valuation of the 2-room HDB property located in the vibrant Geylang district reflects a strategic intersection of demand and supply within Singapore's evolving housing market. With a remaining lease of 42 years, the estimated value of $70,628, translating to $392 per square foot, positions this property competitively within the local landscape. The valuation aligns closely with the baseline market price, indicating a stable market sentiment characterized by a 0% differential from the baseline, which underscores a neutral yet firm pricing environment.

In analyzing the market dynamics, the high model confidence level derived from 34 recent HDB resale transactions in the vicinity reinforces the reliability of this valuation. The Geylang area, known for its rich cultural tapestry and strategic connectivity, continues to attract interest from both owner-occupiers and investors. As such, the longevity of the remaining lease presents a unique opportunity for potential buyers, ensuring a stable investment horizon in a locale that remains resilient amidst broader market fluctuations.