Common Room (HDB) for Rent in 660 Jalan Tenaga

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 69 years, stands at an estimated value of $85,179, translating to a price per square foot (PSF) of $655. This valuation is particularly significant as it reflects a market price that shows no deviation from the baseline, indicating a stable demand within this locality. Such consistency in pricing suggests a robust market environment, where buyers are willing to meet the seller’s price expectations, thus reinforcing the intrinsic value of the property.

Moreover, the high model confidence rating is substantiated by an analysis of 40 recent HDB resale transactions in the vicinity, providing a solid foundation for this valuation. The Geylang area, known for its vibrant culture and strategic positioning, continues to attract interest from both homebuyers and investors alike. As the remaining lease of this unit is still substantial at 69 years, it offers potential buyers a balance between affordability and long-term investment viability. This dynamic, coupled with the current market signals, positions this property as a compelling option within Singapore’s competitive real estate landscape.