4-Room HDB for Room Rent: 409C Northshore Drive

The current valuation of the 4-room HDB unit in Serangoon, standing at an estimated value of $69,377, reflects a stable market condition with a price per square foot of $694. This valuation is underpinned by a remaining lease of 93 years, which positions the property favorably in terms of long-term occupancy and investment potential. With a market price that shows no deviation from the baseline, it signals a balanced demand and supply scenario within the HDB resale market in the region.

Our analysis draws upon an extensive dataset comprising 500 recent HDB resale transactions in the vicinity, reinforcing the model's confidence level at a high. This robust dataset not only strengthens the accuracy of the valuation but also illustrates the consistent buyer interest in Serangoon, a well-regarded residential area known for its connectivity and amenities. The stability of the market price, combined with the extended lease period of the property, suggests a resilient investment opportunity for prospective buyers, particularly those looking to secure a long-term asset in a vibrant community.