5 Room (5I) HDB for Sale in 196 Rivervale Drive

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $911,653, translating to a price per square foot (PSF) of $770. This valuation is particularly compelling given the current market dynamics, which indicate a strong demand for HDB properties in the region. The unit is positioned favorably within the market, evidenced by a substantial 28.9% difference from the baseline, classifying it as a good deal for prospective buyers.

Our analysis is underpinned by robust model confidence, supported by data from 20 recent HDB resale transactions in the vicinity. The Serangoon area has consistently demonstrated resilience in property values, bolstered by its strategic location and access to essential amenities. The remaining lease of 74 years is also noteworthy, as it provides a significant window for buyers to capitalize on the potential appreciation of property values over the coming decades. As such, this HDB unit represents not only a comfortable living space but also a strategic investment opportunity in a vibrant neighborhood.