5 Bed Terraced House (Landed) for Rent in Kensington Park Condominium

The valuation of the HDB Executive unit in Serangoon, with a remaining lease of 63 years, stands at an estimated value of $2,226,731, translating to a price per square foot (PSF) of $586. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is priced optimally in relation to recent market trends. The model confidence is rated as High, bolstered by the analysis of 62 recent HDB resale transactions in the vicinity, which provide a robust dataset for comparative market analysis.

Given the competitive landscape of the Serangoon area, this valuation underscores the strength of the HDB market in Singapore, particularly in established neighborhoods with substantial amenities and connectivity. The 63-year remaining lease positions the property favorably, as it retains significant market appeal among both owner-occupiers and investors, despite the diminishing lease term. This equilibrium in pricing suggests a stable demand for HDB properties in the region, emphasizing the importance of location and lease tenure in shaping market dynamics.