Room Corner Terrace (Landed) for Rent in Macpherson Road

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $135,602, translating to a price per square foot (PSF) of $678. This valuation is derived from a robust analysis of 40 recent HDB resale transactions in the vicinity, ensuring a comprehensive understanding of the local market dynamics. The property currently reflects a market price that shows no significant deviation from the established baseline, indicating a stable demand and supply equilibrium in this sought-after location.

Geylang, known for its vibrant culture and strategic connectivity, remains a compelling choice for both investors and homeowners alike. With a model confidence rating classified as high, the valuation is underscored by consistent transaction activity, reinforcing the property’s desirability. The strong resale data indicates a resilient market environment, where buyers are keenly interested in properties with substantial remaining leases. As such, this HDB unit not only provides essential living space but also represents a sound investment opportunity in a dynamic urban landscape.