5 Room (5I) HDB for Sale in 193 Rivervale Drive

The valuation for the HDB 5 Room property located in Serangoon reflects a strong market position, with an estimated value of $831,301, translating to a competitive $696 PSF. With a remaining lease of 72 years, this property not only offers substantial living space but also the potential for long-term appreciation, making it an attractive option for both homebuyers and investors in the current market climate.

Our analysis, grounded in data from 40 recent HDB resale transactions in the vicinity, indicates that this property is positioned as a Good Deal, exhibiting a notable 15.9% difference from the baseline market value. The high model confidence reinforces the reliability of this valuation, suggesting that market dynamics in Serangoon remain favorable. Factors such as proximity to essential amenities, well-established infrastructure, and the overall desirability of the locale contribute to the strong demand for HDB properties in this area. Therefore, this valuation not only signifies a sound investment but also underscores the ongoing appeal of HDB living in the competitive Singapore real estate market.