4-Room HDB for Room Rent: 217 Serangoon Avenue 4

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $70,343, equating to a price per square foot (PSF) of $541. This valuation reflects a strategic positioning within a robust market environment, evidenced by a market price that remains stable with a 0% difference from the baseline. Such stability is indicative of a well-balanced supply and demand dynamic within the Serangoon precinct, a sought-after area known for its accessibility and community amenities.

Our analysis is further supported by a comprehensive review of 238 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to this valuation. The strong model confidence rating affirms the reliability of the data and market signals, suggesting that prospective buyers and investors can approach this opportunity with a sense of assurance. As the remaining lease period continues to be a critical factor in HDB valuations, the 57-year lease offers a reasonable tenure that aligns with the preferences of many buyers, particularly those looking for long-term residency in a vibrant and well-connected district.