4 Room (4A) HDB for Rent in 307 Serangoon Avenue 2

The valuation of the HDB 4-room property located in Serangoon presents an intriguing insight into the current market dynamics, particularly with a remaining lease of 57 years. At an estimated value of $66,919, translating to $558 per square foot, the property aligns closely with the market baseline, indicating a 0% variance. This stability suggests that the HDB unit is well-positioned within the local real estate landscape, reflecting a balanced equilibrium between buyer expectations and seller pricing strategies.

Analysis of 13 recent HDB resale transactions in the vicinity provides a solid foundation for this valuation, supporting a model confidence rating of medium. The concentration of transactions within the area reinforces the notion of a healthy market appetite for properties in Serangoon, particularly as it relates to the remaining lease of the HDB unit. Buyers are increasingly discerning regarding lease terms, and a remaining lease of 57 years may influence their purchasing decisions. However, the consistent market price suggests that the property remains attractive, catering to both first-time buyers and investors looking for stable returns in a mature residential enclave.