5-Room HDB for Room Rent: 328 Serangoon Avenue 3

The HDB 5-room property located in Serangoon, with a remaining lease of 58 years, presents a compelling valuation of $74,220, translating to a price per square foot (PSF) of $495. This valuation is particularly noteworthy as it reflects a stable market signal, indicating a 0% difference from the baseline price. Such stability suggests that the property is valued accurately within the current market conditions, which is corroborated by the data from 42 recent HDB resale transactions in the vicinity.

The high model confidence associated with this valuation underscores the reliability of the data and analysis, providing a solid foundation for potential buyers and investors. The remaining lease of 58 years is a critical factor in the valuation, as it balances the long-term viability of ownership with current market dynamics. Given the strong demand for HDB properties in Serangoon, combined with the consistent pricing observed in recent transactions, this property is positioned well for both immediate and future value retention.