4 Room (4A) HDB for Rent in 328 Serangoon Avenue 3

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $683,533, translating to a price per square foot (PSF) of $611. This valuation reflects a stable market position, showing a 0% difference from the baseline, indicating that the property is currently priced in alignment with prevailing market conditions. Given the surrounding area's recent resale transactions, this property demonstrates a consistent demand for HDB units in this desirable locale, which is characterized by its excellent connectivity and proximity to essential amenities.

The model confidence for this valuation is assessed as medium, which highlights the need for potential buyers to consider both the current market dynamics and the implications of the remaining lease period. With eight recent transactions in the vicinity supporting this estimate, the data suggests a resilient market for HDB properties in Serangoon. Investors and homeowners alike should be aware of the unique interplay between leasehold tenure and market demand, as the remaining lease of 58 years provides a substantial window for appreciation, yet warrants careful consideration regarding long-term investment viability.