Terraced House for Room Rent: Ensuite Master Room @ Kembangan/Eunos

The valuation of the HDB 2 Room unit in Geylang, with an estimated value of $173,679 (or $695 PSF), reflects a highly competitive stance within the current market landscape. With a remaining lease of 75 years, this property presents an attractive proposition for both first-time buyers and investors looking for longevity in their investment. The valuation maintains a market price that indicates a 0% difference from the baseline, suggesting that the property is positioned fairly in relation to recent comparable transactions.

The model confidence is rated as high, supported by an analysis of 41 recent HDB resale transactions in the vicinity. This robust dataset signifies not only the stability of the Geylang market but also underscores the consistent demand for HDB units in this area. As urban developments continue to evolve and Geylang's appeal persists, this valuation highlights the potential for both appreciation and rental yield, making it a noteworthy opportunity in Singapore's dynamic real estate landscape.