Terraced House for Room Rent: MacPherson Garden Estate

The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 43 years, stands at an estimated value of $270,909, translating to a price per square foot (PSF) of $361. This valuation reflects a stable market position, evidenced by a 0% difference from the baseline market price. Such stability indicates a well-aligned demand and supply dynamic within the Geylang area, making it an attractive proposition for potential buyers who are seeking value in a mature estate.

Additionally, the model confidence is rated as high, bolstered by an analysis of 426 recent HDB resale transactions in the vicinity. This robust data set underlines the reliability of the valuation, suggesting that the market sentiment remains consistent despite fluctuations in broader economic indicators. The remaining lease of 43 years is a critical factor, as it positions the property within a competitive segment of the HDB market, appealing to both families and investors looking for long-term residential options in a vibrant locale. Overall, the valuation reflects both the intrinsic value of the property and the prevailing market conditions, ensuring it remains a compelling investment in Singapore's diverse real estate landscape.