4-Room HDB for Room Rent: 406C Northshore Drive

The valuation of the HDB 4-room unit in Serangoon, with an estimated value of $136,650 or $683 PSF, reflects a stable market condition with a notable confidence level in the analysis. With a remaining lease of 93 years, this property benefits from a substantial leasehold period, appealing to both first-time buyers and investors. The current market signal indicates a 0% difference from the baseline, suggesting that the property is accurately priced in alignment with prevailing market trends.

Our analysis is grounded in the examination of 374 recent HDB resale transactions within the vicinity, ensuring a robust dataset that enhances the reliability of our findings. The stability in pricing underscores a balanced demand and supply dynamic in the Serangoon area, characterized by a resilient interest in HDB properties amidst varying economic conditions. As the market continues to evolve, this property stands out not only for its strategic location but also for its enduring value driven by the long remaining lease.