5-Room HDB for Room Rent: 308B Anchorvale Road

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 75 years, presents an estimated market value of $128,468, translating to a price per square foot (PSF) of $856. This valuation is particularly notable as it indicates a market price that reflects a 0% difference from the established baseline, suggesting a stable valuation amidst fluctuating market conditions. The model confidence for this valuation is deemed medium, which indicates a reasonable level of reliability based on the recent transactions analyzed.

Recent data derived from 18 HDB resale transactions in the vicinity reinforces the relevance and accuracy of this valuation. The stability of the market signals a robust demand for HDB properties in the Serangoon area, likely fueled by its strategic location and community amenities. With a remaining lease of 75 years, this property holds substantial value, as potential buyers often factor in the lease duration when assessing long-term investment viability. The consistent pricing trend observed in the local market further emphasizes the resilience of HDB properties, making this unit a considerable option for both homeowners and investors seeking stability in their property portfolio.