4-Room HDB for Room Rent: 163C Rivervale Crescent

The valuation of the HDB 4 Room property located in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $75,157, translating to a price per square foot (PSF) of $683. This valuation reflects a solid market position, with a market price exhibiting no deviation from the baseline, indicating a stable demand and a well-balanced supply within this sought-after neighborhood. Such stability in pricing is a positive signal for potential buyers and investors, reinforcing the notion that Serangoon continues to be a desirable location for residential living in Singapore.

Analysis based on 374 recent HDB resale transactions in the vicinity demonstrates a high level of model confidence in this valuation. The strong performance of the local market, coupled with the property’s favorable remaining lease, positions it as an attractive asset in the current landscape. The longevity of the lease is particularly significant, as it assures prospective homeowners of a secure investment, while also enhancing the property’s appeal in an increasingly competitive market. As the demand for HDB flats remains robust, this valuation serves as a testament to the underlying strength of the Serangoon real estate market.