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 $65,098, translating to a price per square foot (PSF) of $542. This valuation reflects a stable market price, showing no deviation from the baseline, indicating that the property is priced in line with current market expectations. The high model confidence, derived from an analysis of 232 recent HDB resale transactions in the area, further solidifies the accuracy of this valuation, suggesting a robust demand for HDB properties in this well-established residential district.

Serangoon is known for its vibrant community and accessibility, factors that contribute significantly to the sustained interest in HDB dwellings within the region. With a remaining lease of 57 years, this property offers a balanced proposition, appealing to both young families and investors looking for stable long-term returns. As the market continues to adapt to various economic influences, this valuation signals a stabilization phase in the HDB sector, where properties are being transacted at realistic price points, ensuring that buyer expectations align with market realities.