Room (HDB) for Rent in 13 Eunos Crescent

The valuation of the 2-room HDB unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $104,208, translating to a price per square foot (PSF) of $695. This valuation is particularly significant as it reflects a market price that is in alignment with the baseline, indicating a stable demand within this vibrant precinct. The HDB market in Geylang has shown resilience, supported by a robust pool of recent transactions, with 82 resale transactions being analyzed to derive this valuation. Such a foundational analysis offers a high confidence level in the accuracy of the estimated value.

Geylang, known for its unique blend of cultural heritage and urban amenities, continues to attract both homeowners and investors alike. The remaining lease of 75 years provides ample time for ownership, appealing particularly to younger families and first-time buyers looking to enter the property market. As the area continues to evolve with ongoing urban development initiatives, the prospects for appreciation in property value remain favorable. The current market dynamics underscore a balanced supply and demand, reinforcing the stability of this valuation amidst broader economic fluctuations.