4 Room (4NG) HDB for Rent in 315 Serangoon Avenue 2

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 75 years, is estimated at $763,645, translating to $779 per square foot (PSF). This valuation is particularly noteworthy as it reflects a market price that stands at a 0% difference from the baseline, indicating a stable pricing environment in the vicinity. The consistency of this valuation is supported by the analysis of two recent HDB resale transactions in the area, which provide a crucial comparative basis for this assessment.

However, the model confidence in this valuation is rated as low, suggesting that while the current market conditions appear stable, there may be underlying factors that could influence future pricing dynamics. The remaining lease of 75 years is a significant consideration in HDB valuations, as properties with longer leases typically command higher prices due to perceived longevity and investment security. As the market continues to evolve, stakeholders should remain vigilant to shifts in demand and supply that could impact these valuations in the near future.