5-Room HDB for Room Rent: 133 Rivervale Street

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 70 years, stands at an estimated value of $81,030, translating to a competitive price per square foot of $675. This valuation reflects a well-calibrated assessment in light of current market dynamics, as it aligns precisely with the baseline market price, indicating a stable demand equilibrium in the area. The model confidence is rated as high, derived from an extensive analysis of 82 recent HDB resale transactions within the vicinity, underscoring the reliability of the valuation metrics.

In the context of Singapore’s real estate landscape, the 70-year lease remaining on this property is particularly significant. It suggests a balance between long-term investment prospects and immediate market viability, appealing to both end-users and investors seeking to capitalize on the area's growth potential. The Serangoon region continues to exhibit resilience, maintaining a steady interest among buyers, which is further supported by the consistent transaction activity observed in the neighborhood. This property stands as a prime opportunity for stakeholders looking to navigate the evolving HDB market with confidence.