Walk-up for Room Rent: Sims 450 Centre

The valuation for the HDB 2-room unit located in the vibrant district of Geylang, with a remaining lease of 75 years, stands at an estimated value of $125,631, equating to $698 PSF. This valuation reflects a stable market position, with a market price that shows a 0% difference from the baseline. Such stability is indicative of a well-balanced demand and supply dynamic in the region, particularly for HDB properties, which remain a vital component of Singapore's housing landscape.

With a robust model confidence level rated as High, this valuation is derived from a comprehensive analysis of 40 recent HDB resale transactions in the vicinity. The Geylang area, known for its eclectic charm and strategic location, continues to attract both first-time homebuyers and investors. The remaining lease of 75 years is particularly significant, as it provides potential buyers with ample time to enjoy their investment while navigating the complexities of Singapore's property market. Overall, the consistency in pricing signals a resilient market, reinforcing Geylang's appeal as a sought-after locality for HDB living.