Common Room (HDB) for Rent in 191A Rivervale Drive

The valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $73,724, translating to a competitive rate of $689 PSF. This valuation is indicative of the property’s alignment with the current market dynamics, as it reflects a 0% difference from the baseline market price. Such stability suggests that the property is well-positioned within its segment, catering to both owner-occupiers and investors alike who seek a resilient asset in a well-established neighborhood.

Our analysis is backed by a robust dataset of 379 recent HDB resale transactions in the vicinity, reinforcing the reliability of this valuation. The high model confidence level indicates a strong correlation between the property’s characteristics and prevailing market trends. As we observe the ongoing demand for HDB units in Serangoon, the remaining lease period of 73 years further enhances its attractiveness, given the area's reputation for accessibility and community amenities. This valuation not only reflects current market conditions but also positions the property as a strategic choice for future growth within Singapore’s dynamic real estate landscape.