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

The valuation of the HDB 4-room unit located in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $73,724, translating to a price per square foot of $689. This valuation is particularly noteworthy as it reflects a solid market position, showing a 0% difference from the baseline market price. Such stability in pricing often indicates a well-balanced demand and supply scenario, suggesting that buyers perceive the property as fairly valued in the current market context.

With high model confidence based on an extensive analysis of 379 recent HDB resale transactions within the vicinity, this valuation is supported by empirical data, enhancing its reliability. The remaining lease of 73 years is a critical factor to consider, as it aligns with buyer expectations for long-term residency, ensuring that the property remains an attractive option for families and investors alike. In summary, the Serangoon HDB market is exhibiting resilience, and this unit is emblematic of the broader trends within the region, characterized by stable prices and sustained demand.