4 Room (4I) HDB for Rent in 113 Rivervale Walk

The valuation for the HDB 4-room unit in Serangoon, with a remaining lease of 71 years, is estimated at $539,075, translating to a price per square foot (PSF) of $501. This valuation reflects a market signal indicating a stable price point, with no deviation from the baseline market average. Such stability may suggest a balanced demand and supply dynamic within this particular segment, benefiting from Serangoon’s reputation as a well-connected and family-friendly precinct.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This lack of robust transaction volume can lead to inconsistencies in price trends and may not fully encapsulate the broader market dynamics at play. As the remaining lease of the property is significant, potential buyers and investors should consider the implications of lease tenure on long-term investment value, as properties with shorter remaining leases often face depreciation in market value.