4-Room HDB for Room Rent: 130 Rivervale Street

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 72 years, reflects a robust assessment that positions it at an estimated value of $65,424, translating to a price per square foot (PSF) of $654. This valuation is particularly significant as it indicates a market price that is aligned with the baseline, showcasing a stable market environment where demand and supply dynamics are currently balanced. The absence of deviation from the baseline price suggests that the property is well-positioned within the market, attracting potential buyers who are seeking value in a desirable location.

The analysis is underpinned by a strong model confidence rating, bolstered by data derived from 37 recent HDB resale transactions in the vicinity. Such a comprehensive dataset enhances the reliability of the valuation, providing insights into prevailing market trends and buyer sentiment in the Serangoon area. As the HDB lease remains a crucial factor in property valuation, the remaining lease of 72 years offers a substantial timeframe for prospective homeowners, thereby enhancing the attractiveness of this property. Overall, the findings indicate a stable investment opportunity in a sought-after residential enclave, supported by solid transactional data and market performance indicators.