Room (HDB) for Rent in 416 Serangoon Central

The valuation of the HDB 4-room unit in Serangoon at an estimated value of $99,979, equating to a price per square foot (PSF) of $714, reflects a robust market position, particularly given the remaining lease of 75 years. This valuation is derived from an extensive analysis of 379 recent HDB resale transactions in the vicinity, showcasing our model's high confidence level in the accuracy of this estimate. The current market price indicates a stable equilibrium, with a 0% difference from the baseline, suggesting that the property is appropriately priced in relation to its surrounding market dynamics.

In the context of Singapore's real estate landscape, the longevity of the remaining lease is a significant factor, as properties with extended leases tend to attract a more diverse pool of buyers, contributing to sustained demand. The Serangoon area, known for its vibrant community and accessibility, enhances the desirability of this HDB unit, further affirming its market valuation. As urban development continues to evolve, this property stands as a strategic investment opportunity, poised to retain its value in the face of changing market conditions.