5 Room (5A) HDB for Rent in 186A Rivervale Drive

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 73 years, stands at an impressive estimated value of $890,714, translating to a competitive price per square foot of $696. This valuation is particularly noteworthy as it reflects a market equilibrium, with a 0% difference from the baseline price, indicating stability in the local real estate environment. The high model confidence level, supported by 39 recent resale transactions in the vicinity, further reinforces the robustness of this valuation.

Serangoon, a well-established residential enclave, benefits from a comprehensive array of amenities and transportation links, which continue to enhance its desirability among homebuyers. With the remaining lease of 73 years, this property offers a balance of longevity and market appeal, positioning it as an attractive investment opportunity. The current data suggests a resilient market, where HDB units retain their value amidst evolving economic conditions, making this particular offering a compelling choice for both end-users and investors alike.