Common Room (Landed) for Rent in Kembangan Estate

The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 82 years, stands at an estimated value of $81,259, translating to a price per square foot (PSF) of $677. This valuation reflects a market signal that indicates a 0% difference from the baseline, suggesting that the property is accurately positioned within the current market dynamics without significant upward or downward pressure. Such stability in pricing is noteworthy, particularly in a district like Geylang, which is known for its vibrant culture and strategic location in Singapore.

The model confidence is rated as high, supported by a comprehensive analysis of 44 recent HDB resale transactions in the vicinity. This robust data set reinforces the reliability of the valuation, indicating that the market for HDB properties in this area remains resilient and attractive to potential buyers. The enduring lease of 82 years is a significant factor, as properties with substantial remaining leases tend to retain value better and are more appealing to long-term investors. Overall, this analysis underscores a balanced and competitive market for HDB units in Geylang, characterized by steady demand and stable pricing trends.