Terraced House for Room Rent: Multiple Size Rooms Available In Terrace House

The valuation of the HDB 2-room unit in Geylang stands at an estimated value of $81,259, translating to a price per square foot (PSF) of $677. This valuation reflects a market price that is precisely aligned with the baseline, indicating a stable demand within the locality. The remaining lease of 82 years is a significant factor, as properties with extended leases generally command better investor confidence and consistent interest from potential buyers. The healthy lease term provides reassurance regarding the longevity of the investment, essential in a market that increasingly values longevity in property ownership.

Our analysis is grounded in a robust dataset, drawing from 44 recent HDB resale transactions in the vicinity, which underpins the high confidence level of this valuation. Such a comprehensive dataset allows for a nuanced understanding of the market dynamics at play, revealing a consistent demand trajectory for HDB properties in Geylang. The zero percent deviation from the baseline price suggests a balanced market where buyers and sellers are negotiating effectively, ensuring liquidity and stability in the region. As such, this valuation not only encapsulates the current market sentiment but also highlights the intrinsic value of properties with substantial remaining leases in a competitive landscape.