5 Room (5I) HDB for Sale in 122D 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 pricing is notably positioned as a Good Deal, exhibiting a significant 22.1% difference from the baseline market value. Such a deviation underscores the potential for capital appreciation, particularly when considering the strong demand for HDB properties in the Serangoon area, which is characterized by its vibrant community and accessibility to key amenities.

Our analysis is reinforced by a high confidence level, derived from 41 recent HDB resale transactions in the vicinity, providing a robust dataset for comparative valuation. The consistent performance of the Serangoon market amidst broader economic fluctuations indicates a resilient demand for HDB properties, particularly those with substantial remaining leases. As the remaining lease approaches the midway mark, buyers are likely to find this property appealing, balancing longevity with investment potential in a well-established neighborhood.