4 Room (4A) HDB for Sale in 185B Rivervale Crescent

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $585,962, translating to a price per square foot (PSF) of $640. This valuation is notably positioned above the market baseline, reflecting an 8.9% premium when compared to similar properties within the vicinity. Such a significant premium suggests a strong demand for HDB units in this well-established residential area, which is characterized by its accessibility and vibrant community amenities.

Our analysis, grounded in a robust dataset of 39 recent HDB resale transactions in the region, indicates a high model confidence in this valuation. The data reveals that Serangoon continues to attract prospective buyers, driven by its strategic location and the enduring appeal of its neighborhood. With a remaining lease of 72 years, this property not only offers ample time for potential appreciation but also reflects the evolving dynamics of the HDB market, where properties with longer leases can command a premium due to buyer preferences for longevity and investment security.