4-Room HDB for Room Rent: 157C Rivervale Crescent

In the current market landscape of Singapore, the valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 76 years, stands at an estimated value of $206,306, translating to a price per square foot (PSF) of $688. This valuation reflects a market price that is in alignment with the baseline, indicating a stable demand within the vicinity. Such equilibrium in pricing suggests that the property is well-positioned within the existing market dynamics, catering to the needs of prospective buyers who are increasingly discerning about location and lease tenure.

The model confidence for this valuation is rated as High, underpinned by a robust dataset comprising 362 recent HDB resale transactions in the area. This extensive transactional analysis allows for a nuanced understanding of the local real estate market, which is characterized by its resilience and the enduring appeal of Serangoon as a residential hub. The remaining lease of 76 years offers a balanced proposition for buyers who prioritize long-term investment potential, positioning this HDB unit as an attractive option amidst evolving market trends.