3 Room (3A) HDB for Rent in 111 Serangoon North Avenue 1

The HDB 3 Room property located in Serangoon, with a remaining lease of 58 years, currently holds an estimated value of $460,477, equating to a price per square foot (PSF) of $535. This valuation is reflective of a stable market position, with a 0% difference from the baseline, indicating that the property is currently priced in line with prevailing market trends. Such stability in pricing suggests a balanced demand and supply scenario in the Serangoon area, which is known for its accessibility and vibrant community amenities.

Our analysis is supported by a robust dataset, comprising 191 recent HDB resale transactions in the vicinity, which bolsters the model confidence level to high. The remaining lease of 58 years is a critical factor in the valuation, as it significantly influences buyer sentiment and financing considerations. Properties with mid-range leases like this one often attract a diverse pool of buyers, including young families and investors seeking a foothold in a mature estate. As the market continues to evolve, the dynamics of leasehold properties will remain a focal point for potential homeowners and investors alike.