4-Room HDB for Room Rent: 125 Rivervale Street

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $73,715, translating to a price per square foot (PSF) of $670. This valuation is grounded in a robust analytical framework, supported by data from 379 recent HDB resale transactions in the vicinity. The model confidence is rated as high, reflecting the reliability of the statistical analysis and the current market conditions.

Importantly, the market signal indicates a 0% difference from the baseline, suggesting that the property is currently priced at equilibrium with the prevailing market dynamics. This stability in pricing can be attributed to several factors, including the desirable location of Serangoon, which is known for its accessibility and vibrant community amenities. Additionally, the remaining lease period of 71 years positions this HDB unit as a viable option for both first-time buyers and investors, ensuring sustained interest in the property amidst evolving market trends.