5 Room (5A) HDB for Rent in 116 Serangoon North Avenue 1

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $575,458, translating to $442 PSF. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently positioned at a stable price point relative to comparable listings in the area. Such stability may be attributed to the overall demand dynamics within Serangoon, a sought-after district known for its accessibility and community amenities.

However, it is important to note that the model confidence in this valuation is classified as low, based on the limited data from only two recent HDB resale transactions in the vicinity. This suggests that while the estimated value is reflective of current market conditions, the scarcity of transaction data may lead to fluctuations in perceived value. The remaining lease of 57 years is a critical factor in the valuation process, as properties with shorter leases often face more significant depreciation risks as they approach the end of their lease term, potentially impacting long-term investment viability.