4-Room HDB for Room Rent: 413 Serangoon Central

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $122,576, translating to a price per square foot (PSF) of $613. This valuation exhibits a remarkable stability within the current market dynamics, as it reflects a 0% difference from the baseline market price. Such alignment indicates a well-balanced demand and supply scenario in the Serangoon area, underscoring the attractiveness of this residential enclave.

With a high model confidence level, derived from an analysis of 268 recent HDB resale transactions in the vicinity, this valuation positions the property favorably amidst the competitive landscape of Singapore's HDB market. The remaining lease of 61 years is a critical factor, as properties with extended leases typically maintain stronger market interest and value retention. Investors and homebuyers alike are increasingly discerning about lease duration, and this unit's substantial remaining lease enhances its appeal, making it a compelling option for those seeking long-term residency or investment potential in Serangoon.