3 Room (3I) HDB for Rent in 302 Serangoon Avenue 2

The valuation for the HDB 3 Room unit located in the Serangoon district, set at an estimated value of $375,080, reflects the prevailing market dynamics with a price per square foot (PSF) of $582. Notably, this valuation indicates a 0% difference from the baseline market price, suggesting a stable market condition without any significant upward or downward pressure on pricing at this time. Such stability is particularly relevant considering the remaining lease of 57 years, which may influence buyer sentiment and investment perspectives.

Despite the consistent market indicators, the model confidence for this valuation is categorized as low. This is primarily derived from the limited dataset, with only five recent HDB resale transactions in the vicinity serving as a basis for this analysis. The Serangoon area, known for its accessibility and community amenities, may experience fluctuations in demand, which could affect future valuations. Investors and potential homeowners should remain cognizant of the lease duration and its implications on long-term value retention as they navigate the current market landscape.