5 Room (5I) HDB for Sale in 121A Rivervale Drive

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $806,216, translating to a price per square foot (PSF) of $681. This valuation is particularly noteworthy given the current market dynamics, where the property is categorized as a Good Deal, reflecting a significant 21.9% difference from the baseline. Such an advantageous position in the market underscores the property’s potential for appreciation, especially in a neighborhood that continues to attract demand due to its strategic location and amenities.

Based on a thorough analysis of 41 recent HDB resale transactions in the vicinity, the model exhibits a High Confidence level in its valuation accuracy. The robust transaction volume indicates a healthy market environment, suggesting that buyers are actively seeking properties in this region. The remaining lease of 72 years serves as a critical factor in determining the long-term viability of this investment, providing a balanced mix of affordability and longevity that appeals to both first-time buyers and seasoned investors alike. Overall, this HDB unit represents a compelling opportunity in the highly competitive Serangoon market.