3 Room (3A) HDB for Rent in 986B Buangkok Crescent

The valuation of the 3-room HDB property located in Serangoon, with a remaining lease of 85 years, stands at an estimated value of $491,664, equating to $682 per square foot (PSF). This pricing reflects a market signal that is precisely aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand and supply dynamic in the Serangoon area, underscored by a robust local economy and appealing amenities.

With a model confidence rating classified as high, this valuation is substantiated by an extensive analysis of 189 recent HDB resale transactions within the vicinity. The stability of the remaining lease of 85 years is a significant factor, as properties with longer leases tend to attract buyers due to reduced concerns over depreciation and leasehold issues. As the Serangoon district continues to evolve with infrastructural developments and community enhancements, this property stands to benefit from both immediate and long-term appreciation, making it a compelling option for prospective homeowners and investors alike.