4-Room HDB for Room Rent: 336D Anchorvale Crescent

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $109,364, translating to a price per square foot (PSF) of $684. This valuation reflects a market price that is in equilibrium, showing a 0% difference from the baseline, indicating that the property is priced appropriately relative to current market dynamics. The model confidence is rated as high, bolstered by a robust dataset comprising 368 recent HDB resale transactions in the vicinity, which provides a comprehensive foundation for this assessment.

In the current Singaporean real estate landscape, properties with longer remaining leases, such as this unit with its 88-year lease, are often viewed favorably by prospective buyers. The stability of the Serangoon area, coupled with its accessibility and amenities, positions this HDB unit as an attractive investment. The consistent demand within this segment of the market suggests that such properties are likely to retain their value, reflecting stability amidst the fluctuations seen in other property classes. Overall, this valuation not only underscores the intrinsic value of the property but also highlights the strength of the local HDB market, which remains resilient despite broader economic challenges.