Terraced House for Room Rent: Lor Marican

The valuation of the HDB 2 Room property located in Geylang reflects a robust market positioning, with an estimated value of $203,146, translating to a price per square foot (PSF) of $677. The property boasts a commendable remaining lease of 82 years, which is a significant advantage in the current market, as it provides potential buyers with a long-term investment horizon. This duration is expected to appeal to both owner-occupiers and investors, especially considering the strategic location of Geylang, known for its accessibility and vibrant community.

In terms of market dynamics, the property exhibits a stable valuation, with a market price reflecting a 0% difference from the baseline. This stability indicates a well-calibrated demand and supply balance in the region, as supported by our analysis of 44 recent HDB resale transactions in the vicinity. The high confidence level of this model underscores the reliability of the valuation, suggesting that the property is competitively priced within the prevailing market conditions. Overall, the Geylang HDB 2 Room presents a compelling opportunity for discerning buyers seeking value in a thriving locale.