Master Room (Landed) for Rent in Davisville

The valuation of the 4-room HDB property in Geylang, with a remaining lease of 75 years, stands at an estimated value of $85,654, translating to a price per square foot of $857. This valuation reflects a market price that is notably stable, registering a 0% difference from baseline, which indicates a well-balanced demand and supply dynamic in the Geylang area. Such stability in pricing suggests a sustained interest in HDB properties amidst a competitive landscape, which can be attributed to Geylang's strategic location and vibrant community amenities.

The model confidence for this valuation is categorized as high, based on an analysis of 496 recent HDB resale transactions in the vicinity. This robust dataset provides a solid foundation for the valuation, allowing for a reliable assessment of the market conditions and trends. The longevity of the lease remaining also plays a pivotal role in maintaining the property’s attractiveness, as buyers are increasingly inclined towards properties with substantial lease periods, ensuring both security and investment potential. The interplay of these factors underscores the property’s value proposition within the Geylang district, making it an appealing option for prospective homeowners and investors alike.