4-Room HDB for Room Rent: 131 Rivervale Street

The valuation of the HDB 4 Room property located in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $161,033, translating to a price per square foot (PSF) of $644. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests that the property is well-positioned within the current market dynamics, characterized by steady demand for HDB units in this popular residential enclave.

The model confidence for this valuation is rated as High, underpinned by an analysis of 39 recent HDB resale transactions in the vicinity. This robust dataset not only enhances the reliability of the valuation but also signifies a healthy market activity that supports the established price point. As the remaining lease of 71 years offers significant longevity for potential homeowners and investors, this property stands out as a prime opportunity in an ever-evolving real estate landscape, particularly in Serangoon where accessibility and amenities are paramount.