Terraced House for Room Rent: Spacious Room with Attached Bathroom in District 13

The valuation for the two-room HDB unit in Geylang, with a remaining lease of 75 years, stands at an estimated value of $97,590, translating to a price per square foot (PSF) of $697. This valuation is particularly noteworthy as it reflects a market price that is in perfect alignment with the baseline, indicating a stable demand within this segment. The effective utilization of the 75-year lease plays a critical role in the attractiveness of the property, providing potential buyers with a significant duration for habitation or investment purposes.

Analysis based on 44 recent HDB resale transactions in the vicinity reinforces the high confidence level of this valuation, reflecting robust market dynamics in the area. The absence of any significant deviation from the baseline price suggests that the Geylang market is experiencing equilibrium, characterized by a balance between supply and demand. This stability is further supported by the high model confidence, indicating that the valuation is grounded in reliable data and trends. Investors and homeowners alike may find this property appealing, as it offers a blend of longevity in lease tenure and competitive pricing within a vibrant neighborhood.