4-Room HDB for Room Rent: 356B Anchorvale Lane

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 92 years, stands at an estimated value of $102,529, translating to a price per square foot (PSF) of $684. This valuation is particularly noteworthy given its alignment with the baseline market price, indicating a current equilibrium in the local real estate landscape. The model confidence is rated as high, supported by an extensive analysis of 368 recent HDB resale transactions within the vicinity, providing a robust foundation for this appraisal.

In the context of the prevailing market dynamics, the stability of the estimated value reflects a resilient demand for HDB properties in Serangoon, a location known for its strategic connectivity and community amenities. With the remaining lease of 92 years, the property maintains a favorable position for prospective buyers, as the longevity of the lease mitigates concerns typically associated with shorter leases. This valuation not only underscores the intrinsic value of the property but also highlights the ongoing attractiveness of HDB living in a well-established neighborhood.