Master Room (HDB) for Rent in 122 Potong Pasir Avenue 1

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 56 years, stands at an estimated value of $112,707, translating to a price per square foot (PSF) of $564. This valuation reflects a market price that is positioned at a neutral 0% difference from the baseline, indicating that current market sentiments are stable, albeit showing limited upward or downward pressure. The low model confidence suggests that while the data is indicative, it may not capture all underlying factors influencing the local property market.

Analyzing the recent HDB resale transactions in the vicinity, which number six, provides a crucial context for this valuation. Geylang, known for its vibrant cultural and social landscape, has traditionally attracted a diverse demographic, influencing demand for HDB units. However, the remaining lease of 56 years does pose a consideration for potential buyers, as it may affect long-term investment value. Investors should weigh the implications of leasehold tenure against the neighborhood's overall growth potential and market dynamics to make informed decisions.