HDB Executive for Room Rent: 62 Dakota Crescent

The valuation of the HDB Executive property located in Geylang, with a remaining lease term of 42 years, stands at an estimated value of $71,843, equating to $399 per square foot (PSF). This valuation reflects a stable market position, as indicated by a market price that shows no deviation from the baseline. Such stability is a positive signal in the current real estate landscape, where fluctuations can be common. Our analysis is supported by a robust dataset, comprising 36 recent HDB resale transactions in the vicinity, which reinforces the high confidence level in this valuation.

The dynamics of the Geylang property market are characterized by a blend of demand for executive HDB units and the unique appeal of the area, which is known for its vibrant culture and accessibility. With 42 years remaining on the lease, this property presents an attractive option for both homeowners and investors who seek long-term occupancy and potential capital appreciation. As the market continues to evolve, monitoring leasehold dynamics and transaction trends will be essential for stakeholders looking to navigate this competitive segment effectively.