3 Room (3NG) HDB for Rent in 201 Serangoon Central

The HDB 3-room property located in Serangoon, with a remaining lease of 58 years, is currently valued at approximately $443,767, translating to a price per square foot (PSF) of $644. This valuation indicates a market price that is consistent with the baseline, showing no discernible difference in pricing trends within the area. The stability in price suggests a balanced demand-supply dynamic, albeit with an indication of market caution given the low confidence level associated with this model.

It is noteworthy that the valuation is based on a limited dataset, with only one recent HDB resale transaction in the vicinity to inform this estimate. This scarcity of transactional data may contribute to the low model confidence, highlighting the importance of considering broader market trends and potential fluctuations in buyer sentiment. As properties in Serangoon continue to attract interest due to their strategic location and community amenities, the longevity of the remaining lease becomes a critical factor for potential investors and homeowners alike, influencing their investment decisions in this evolving market landscape.