5-Room HDB for Room Rent: 148 Rivervale Crescent

The recent valuation of the 5-room HDB in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $102,301, translating to a price per square foot (PSF) of $682. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand and supply equilibrium within this sought-after residential enclave. The high model confidence, derived from an analysis of 40 recent HDB resale transactions in the vicinity, suggests that this valuation is robust and reflective of current market dynamics.

Serangoon remains a desirable location for families and investors alike, with its strategic connectivity and proximity to amenities contributing to sustained interest in HDB properties. The remaining lease of 72 years provides a substantial window for homeowners, reinforcing the property’s appeal. As the market continues to navigate external economic factors, the stability of this valuation underscores the resilience of the HDB sector, particularly in well-established neighborhoods like Serangoon.