2 Room (2STD) HDB for Rent in 222A Sumang Lane

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 91 years, stands at an estimated value of $254,120, translating to a price per square foot (PSF) of $638. This valuation reflects a market price that is aligned with baseline expectations, indicating a 0% differential. Such stability might suggest a balanced demand and supply scenario within this particular segment of the HDB market. However, the model confidence is noted as low, suggesting that further fluctuations could be anticipated based on broader market conditions or potential shifts in buyer sentiment.

Recent transactions in the vicinity, limited to just two, highlight the importance of contextual analysis when assessing property values. The relatively low volume of sales may contribute to the low model confidence, as it may not fully represent the current buyer appetite or market dynamics. Prospective buyers and investors should consider the implications of the remaining lease duration, as HDB properties with longer leases generally retain their value better over time. Consequently, while the valuation appears stable at present, ongoing monitoring of market trends and additional transaction data will be essential for informed decision-making.