Room (HDB) for Rent in 8A Upper Boon Keng Road

The valuation of the HDB 2-room unit in Geylang, with a remaining lease of 90 years, stands at an estimated value of $62,816, translating to a price per square foot (PSF) of $698. This assessment is grounded in a robust analysis of 40 recent HDB resale transactions within the vicinity, which provides a comprehensive understanding of current market dynamics and pricing trends. The model confidence for this valuation is categorized as high, indicating a strong reliability in the data and the methodologies employed in deriving this estimate.

Interestingly, the market signal indicates a 0% difference from the baseline, suggesting that the property is priced in alignment with current market expectations. This equilibrium reflects a stable demand for HDB units in Geylang, a locality known for its vibrancy and accessibility. As the remaining lease is a critical factor in HDB valuations, the 90-year lease term significantly contributes to the perceived value among potential buyers, ensuring a favorable investment outlook in a competitive market landscape.