4-Room HDB for Room Rent: 411 Serangoon Central

The valuation of the HDB 4-room unit located in Serangoon reveals critical insights into the current market dynamics within this sought-after district. With a remaining lease of 61 years, the estimated value stands at $88,661, translating to a price per square foot (PSF) of $682. This valuation reflects a stable market price, with no deviation from the baseline, indicating a balanced demand and supply scenario in the vicinity.

Despite the low model confidence associated with this valuation, stemming from only two recent HDB resale transactions in the area, it is essential to consider the broader implications of the remaining lease. Properties with longer leases tend to retain value more effectively, particularly in well-connected neighborhoods like Serangoon. As such, prospective buyers may find this unit appealing, especially given the current market conditions that show resilience in HDB resale values.