4-Room HDB for Room Rent: 101 Serangoon North Avenue 1

The subject property, a HDB 4-room unit located in the vibrant Serangoon district, is currently valued at an estimated $48,090, translating to a price per square foot (PSF) of $445. With a remaining lease of 57 years, this valuation reflects a stable position within the HDB market, particularly given the proximity to key amenities and transport links that characterize the Serangoon area. Notably, the market price aligns precisely with the baseline, indicating a neutral market signal and suggesting that current demand and supply dynamics are in equilibrium.

However, it is important to highlight the model confidence associated with this valuation, rated as low. This indicates a degree of uncertainty stemming from the limited dataset, which is based solely on four recent HDB resale transactions within the vicinity. Market fluctuations, shifts in buyer sentiment, and broader economic conditions could potentially influence future valuations. Investors and homeowners alike should remain vigilant and consider the implications of the property’s remaining lease on its long-term value, as the diminishing lease could impact desirability in the coming years.