Common Room (HDB) for Rent in 65 Circuit Road

The HDB 2-room property located in the vibrant district of Geylang, with a remaining lease of 44 years, has been appraised at an estimated value of $124,358, translating to a price per square foot (PSF) of $415. This valuation reflects a stable market signal, indicating a remarkable 0% difference from the baseline price. Such stability suggests that the property has maintained its value amidst the dynamic fluctuations often seen in the Singapore real estate market, particularly in the HDB segment.

Our analysis is supported by a robust model confidence rating of High, derived from a comprehensive review of 30 recent HDB resale transactions within the vicinity. This substantial dataset underscores the reliability of the valuation and highlights the competitive nature of the Geylang area, which is characterized by its strategic location and accessibility. The remaining lease of 44 years, while a consideration for potential buyers, aligns well with market expectations, as properties in this category continue to attract interest due to their affordability and potential for future appreciation.