5 Room (5I) HDB for Rent in 187A Rivervale Drive

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $770,211, translating to a price per square foot (PSF) of $651. This assessment aligns closely with the current market trends, reflecting a stable market price with a minimal variance of 0% from the baseline. Such consistency indicates a robust demand for HDB properties in the Serangoon area, underpinned by its strategic location and strong community appeal.

Based on a thorough analysis of 146 recent HDB resale transactions in the vicinity, the model confidence for this valuation is deemed high, reinforcing the reliability of the data. The longevity of the remaining lease is a significant factor, as properties with longer leases typically attract higher valuations, contributing to the overall market dynamism. The Serangoon district continues to be a sought-after locale, making this HDB unit an enticing opportunity for potential buyers looking to invest in a stable and appreciating asset.