5 Room (5I) HDB for Rent in 110 Rivervale Walk

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $76,151, equating to a price per square foot (PSF) of $645. This valuation reflects a market signal indicating no deviation from the established baseline, suggesting a stable demand in the area amidst the ongoing dynamics of the HDB resale market. The high model confidence level reinforces the reliability of this assessment, underpinned by a comprehensive analysis of 146 recent resale transactions in the vicinity.

Serangoon's HDB market exhibits resilience, with this valuation aligning closely with current market conditions. The remaining lease term of 71 years is a crucial factor, as it positions the property within an acceptable range for prospective buyers, particularly those prioritizing long-term investment potential. As the Singapore real estate landscape continues to evolve, this unit's valuation not only reflects the intrinsic value of the property but also the broader market sentiment, emphasizing the significance of location, demand, and lease longevity in shaping HDB prices.