5 Room (5I) HDB for Rent in 128 Rivervale Street

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $919,493, equating to approximately $700 per square foot. This valuation reflects a balanced market signal, registering a 0% difference from the baseline price, indicating stability in the local HDB market. The data is derived from a robust analysis of 38 recent HDB resale transactions in the vicinity, underscoring the relevance and reliability of this valuation.

With a high model confidence rating, this valuation suggests that the Serangoon area continues to maintain its appeal among potential buyers, driven by its strategic location and community amenities. The remaining lease of 72 years positions this property favorably in terms of investment longevity, as HDB flats with longer leases typically command higher values and buyer interest. As the market dynamics evolve, this property stands as a quintessential example of the resilience and attractiveness of HDB living in Singapore, particularly in sought-after neighborhoods like Serangoon.