Terraced House for Room Rent: Renovated Master Bedroom, 2nd Floor, Landed Terrace on Macpherson

The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 43 years, stands at an estimated value of $97,358, translating to a price per square foot (PSF) of $487. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this area. The model confidence is rated as high, supported by an analysis of 496 recent HDB resale transactions in the vicinity, adding robustness to this assessment.

In the context of Singapore's real estate landscape, the remaining lease is a critical factor influencing property value. With 43 years left, this unit benefits from a substantial lease duration, which typically appeals to both first-time buyers and investors seeking long-term rental potential. The Geylang district is known for its vibrant community and strategic location, which further enhances the attractiveness of this property. As the market remains steady with no significant fluctuations from the baseline, it suggests a balanced equilibrium between buyer interest and seller expectations, reinforcing the HDB market's resilience in this locale.