4-Room HDB for Room Rent: 437B Northshore Drive

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 97 years, stands at an estimated value of $75,152, translating to a price per square foot (PSF) of $683. This valuation reflects a stable market condition, as evidenced by the 0% difference from the baseline market price. Such stability suggests a well-balanced demand and supply dynamic within the Serangoon vicinity, a highly sought-after area for HDB living due to its strategic location and accessibility to essential amenities.

With model confidence rated as high, the valuation is bolstered by comprehensive data drawn from 373 recent HDB resale transactions in the area. This extensive dataset not only reinforces the accuracy of the valuation but also highlights the resilience of the HDB market in Serangoon. The remaining lease of 97 years provides potential buyers with a long-term tenure, further enhancing the property’s appeal amidst evolving market conditions. It is crucial for prospective buyers and investors to consider these factors, as they significantly influence the overall investment landscape and long-term value retention of HDB properties in this vibrant district.