4 Room (4S) HDB for Rent in 240 Serangoon Avenue 2

The valuation of the HDB 4-room unit located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $566,893, translating to a price per square foot (PSF) of $627. This valuation is aligned with the current market price, reflecting a 0% deviation from the baseline. Such stability in pricing suggests a balanced demand-supply scenario in the Serangoon area, which is characterized by its strategic location and robust community amenities.

However, it is critical to note that the model confidence for this valuation remains low, primarily due to the limited dataset of three recent HDB resale transactions in the vicinity. This reduced confidence level indicates that while the current valuation is consistent with market trends, it may lack the robustness needed for a more definitive investment decision. Potential buyers should consider the implications of the remaining lease duration, as properties with shorter leases often encounter challenges in securing financing, thereby influencing future resale value and marketability.