4-Room HDB for Room Rent: 313C Anchorvale Road

The valuation of the HDB 4-room property in Serangoon, with a remaining lease of 74 years, reflects a stable and competitive market position. The estimated value of $72,365, translating to a price per square foot (PSF) of $724, aligns precisely with the baseline market price, indicating a 0% difference. This equilibrium suggests robust demand for HDB units in this mature estate, characterized by its strategic location and access to essential amenities.

With a model confidence level classified as high, the valuation is underpinned by empirical data derived from 34 recent HDB resale transactions in the vicinity. The consistency in pricing underscores the resilience of the Serangoon area, making it an attractive proposition for potential buyers and investors alike. The remaining lease of 74 years is a pivotal factor, as properties with longer leases typically command a premium in the market, further solidifying the property’s value in the current landscape.