4-Room HDB for Room Rent: 109 Serangoon North Avenue 1

The HDB 4-room property located in Serangoon, with a remaining lease of 57 years, has been appraised at an estimated value of $52,745, translating to a price per square foot (PSF) of $527. This valuation reflects a significant equilibrium within the current market, evidenced by a 0% variance from the baseline price. Such stability indicates a well-balanced demand and supply dynamic in the Serangoon vicinity, underscored by the recent analysis of 379 HDB resale transactions that have provided a robust foundation for this assessment.

The high model confidence associated with this valuation suggests that the property’s pricing is consistent with prevailing market trends and buyer sentiment. The remaining lease period of 57 years is a critical factor in influencing buyer decisions, particularly in a market where leasehold properties are increasingly scrutinized for their long-term investment potential. As the property landscape continues to evolve, this valuation serves as a clear indicator of Serangoon's enduring appeal, characterized by its strategic location and strong community amenities.