4 Room (4A) HDB for Rent in 121 Rivervale Drive

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $599,624, translating to $666 per square foot (PSF). This valuation is grounded in a robust dataset, having been derived from an analysis of 379 recent HDB resale transactions in the vicinity, illustrating a comprehensive overview of market dynamics. The model confidence for this valuation is rated as high, indicating a strong alignment with current market trends and transaction behaviors.

Notably, the market signal reflects a 0% difference from the baseline price, suggesting that the property is accurately priced in accordance with prevailing market conditions. This stability in pricing can be attributed to various factors, including the location's desirability, accessibility, and the overall health of the HDB market in Singapore. With 72 years remaining on the lease, this property presents a compelling opportunity for both homeowners and investors, as it balances longevity in tenure with current market value, ensuring a sound investment for the future.