Room (HDB) for Rent in 231 Serangoon Avenue 3

The HDB 4-room unit in Serangoon, boasting a remaining lease of 75 years, is presently valued at an estimated $76,308, translating to a price per square foot (PSF) of $694. This valuation reflects a significant alignment with the baseline market price, indicating a 0% variance. Such stability in pricing is indicative of a balanced demand and supply scenario in the Serangoon area, which is characterized by its accessibility and vibrancy, attracting a diverse demographic of buyers and investors.

With a model confidence level tagged as high, the valuation is supported by an extensive dataset derived from 376 recent HDB resale transactions in the vicinity. This robust analytical framework underscores the ongoing market dynamics, where properties in Serangoon maintain a strong resale potential given their strategic location and the desirability associated with HDB living. The 75-year lease remaining further enhances the attractiveness of this property, as it strikes a commendable balance between long-term habitation and investment viability, ensuring that it remains a sound choice for potential homeowners and investors alike.