Room (HDB) for Rent in 142 Lorong Ah Soo

The HDB 2 Room unit located in Serangoon, with a remaining lease of 75 years, presents an estimated value of $65,126, translating to $651 per square foot. This valuation reflects a market equilibrium, as evidenced by the 0% difference from the baseline price, indicating stability within this specific segment of the residential market. Given the enduring appeal of Serangoon as a vibrant residential hub, this property is positioned to attract attention from both first-time homebuyers and investors seeking to capitalize on the potential for appreciation in a well-connected locale.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily based on the limited dataset of only two recent HDB resale transactions in the vicinity. This suggests that while the current valuation is reflective of market conditions, there may be underlying volatility influenced by various factors such as demand fluctuations, changes in buyer sentiment, and macroeconomic trends. As the remaining lease period is a significant consideration for potential buyers, the property’s value will be closely tied to the overall market sentiment surrounding HDB leases, particularly as they approach the mid-70s mark. In summary, while the current valuation is stable, prospective buyers should remain cognizant of the broader market dynamics that could impact future value trajectories.