5-Room HDB for Room Rent: 984C Buangkok Link

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $83,966, translating to a price per square foot (PSF) of $840. This valuation reflects a market price that is consistent with baseline expectations, indicating a stable demand for HDB properties in this mature estate. The stability in pricing suggests that Serangoon continues to be a sought-after location, buoyed by its strategic connectivity and well-established amenities.

Market dynamics in the vicinity have been corroborated by a review of nine recent HDB resale transactions, which support the current valuation with a medium level of model confidence. The absence of significant price fluctuations indicates a balanced market, where buyers and sellers have aligned expectations. As the remaining lease of 75 years provides ample living duration for prospective homeowners, it enhances the attractiveness of this property, particularly for families seeking a long-term residence in a vibrant community.