Common Room (Landed) for Rent in Geylang Conservation Area

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 65 years, stands at an estimated value of $123,292, translating to $616 per square foot (PSF). This valuation reflects a stable market condition, evidenced by a market price that exhibits a 0% difference from the baseline. Such stability is indicative of a balanced demand and supply dynamic in the region, positioning this property as an attractive option for both investors and homeowners seeking long-term value.

With a model confidence rating of High, the assessment is underpinned by a thorough analysis of 44 recent HDB resale transactions in the vicinity, which provide a robust basis for this valuation. The Geylang area, known for its vibrant culture and strategic location, continues to attract interest, thereby maintaining its appeal in the HDB market. The remaining lease of 65 years is also a significant factor, as properties with such a lease term can offer a good balance of affordability and potential for appreciation in a resilient real estate landscape.