5-Room HDB for Room Rent: 268A Compassvale Link

The valuation of the 5-room HDB unit located in Serangoon, with a remaining lease of 79 years, reflects a current estimated market value of $82,526, translating to a price per square foot (PSF) of $688. This valuation is significantly underpinned by comprehensive analysis of 146 recent HDB resale transactions within the vicinity, providing a robust basis for the confidence level assigned to this model, which is rated as high. Such a considerable dataset not only offers a reliable benchmark for price assessment but also reinforces the stability of the local property market.

In terms of market dynamics, this HDB unit is currently positioned at a market price that shows no deviation from the baseline, indicating a balanced demand and supply scenario. The remaining lease of 79 years is a crucial factor, as properties with longer leases generally command more stable valuations in the resale market. Given the strategic location of Serangoon, coupled with its amenities and connectivity, the outlook for this property remains promising, suggesting that it holds potential for sustained value appreciation in the coming years.