4 Room (4A) HDB for Rent in 124C 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 $97,981, translating to a price per square foot (PSF) of $653. This valuation reflects a stable market condition, as evidenced by the market price showing no deviation (0% difference) from the established baseline. Such stability indicates a balanced demand and supply dynamic within the Serangoon area, particularly for HDB properties, which continue to attract both first-time buyers and seasoned investors.

The model confidence in this valuation is rated as high, grounded in the analysis of 39 recent HDB resale transactions in the vicinity. This robust dataset not only reinforces the reliability of the price estimate but also highlights the resilience of the HDB market in Serangoon amidst broader economic fluctuations. As leasehold properties in Singapore, especially those with a remaining tenure of over 70 years, maintain their appeal, potential buyers should recognize the importance of lease duration in investment decisions. The current valuation serves as a clear indicator of the market's confidence in the long-term viability of HDB properties in this region.