Corner Terrace for Room Rent: Parry Green

The valuation for the 4-room HDB unit in Serangoon reflects a robust estimated value of $199,875, translating to a price per square foot (PSF) of $666. With a remaining lease of 72 years, this property sits in a favorable position within a dynamic market, underscored by a model confidence rating of high. The valuation is supported by a comprehensive analysis of 379 recent HDB resale transactions in the vicinity, ensuring that the estimate is grounded in substantial comparative data.

The market signal indicates a stable trend, with the property’s estimated value showing a 0% difference from the baseline. This suggests that the current pricing is in line with market expectations, reflecting both buyer sentiment and the intrinsic value derived from the HDB lease structure. As Singapore's real estate landscape continues to evolve, properties with longer leases, such as this one, are expected to maintain their appeal, providing potential buyers with both security and the promise of future appreciation.