4-Room HDB for Room Rent: 614B Edgefield Plains

The valuation of the 4-room HDB property located in Serangoon is currently estimated at $140,254, translating to a price per square foot (PSF) of $701. This valuation is underpinned by a robust remaining lease of 85 years, which positions the property favorably within the market, appealing to both families and investors seeking stability in their real estate portfolio. The high remaining lease significantly enhances the asset's investment potential, as properties with longer leases are often perceived as less risky.

In terms of market dynamics, the estimated value shows a 0% difference from the baseline, indicating that the property is currently priced in alignment with the prevailing market conditions. The model confidence in this valuation is rated as high, supported by an analysis of 361 recent HDB resale transactions in the vicinity. This substantial dataset not only reinforces the reliability of the valuation but also reflects a stable market environment in Serangoon, where demand remains resilient. Potential buyers can be assured that this property represents a sound investment, backed by favorable lease terms and a strong market position.