Master Room (HDB) for Rent in 104 Potong Pasir Avenue 1

The HDB 2-room unit located in Geylang, with a remaining lease of 57 years, has been appraised at an estimated value of $106,285, translating to a price per square foot (PSF) of $590. This valuation is indicative of the current market conditions, reflecting a stable demand for HDB properties in this vibrant district. Notably, the market price shows a 0% difference from the baseline, suggesting that the property is in alignment with prevailing market trends, albeit with modest fluctuations that may be influenced by external economic factors.

However, it is important to note that the model confidence for this valuation is categorized as low, which necessitates a cautious approach for potential investors. The appraisal is based on an analysis of six recent HDB resale transactions in the vicinity, which serve as a benchmark for understanding local market dynamics. While Geylang is known for its cultural richness and strategic location, factors such as the remaining lease period and overall market sentiment could play a significant role in influencing future valuations. Investors are encouraged to consider these elements carefully, as they may impact long-term investment outcomes.