Room (HDB) for Rent in 23 Eunos Crescent

The valuation of the HDB 2 Room unit located in Geylang reflects a nuanced understanding of the local property dynamics, especially considering the remaining lease of 50 years. With an estimated value of $71,220, translating to a price per square foot (PSF) of $475, this property sits at a pivotal point in the market, indicating a 0% difference from the baseline price. Such stability in pricing amidst fluctuating market conditions underscores the resilience of the Geylang area, known for its vibrant culture and strategic location within Singapore.

Our analysis, grounded in data derived from 40 recent HDB resale transactions in the vicinity, reveals a strong market signal that supports the valuation's accuracy. The high model confidence further reinforces our findings, suggesting that the current pricing aligns closely with prevailing market trends. As the remaining lease approaches the critical 50-year mark, prospective buyers may weigh their options carefully, yet the established demand in Geylang helps stabilize market perceptions. This duality of lease duration and market dynamics will continue to play a significant role in future valuations and buyer sentiment.