4 Bed Terraced House (Landed) for Rent in Kensington Park Condominium

The HDB Executive property located in Serangoon, with a remaining lease of 63 years, is currently valued at an estimated price of $1,765,148, translating to an impressive $588 per square foot (PSF). This valuation reflects a critical equilibrium in the market, as it shows no deviation from the baseline price, indicating a stable demand amidst the prevailing economic conditions. Such stability is particularly noteworthy in a dynamic real estate landscape, where fluctuations are commonplace.

The model confidence in this valuation is classified as high, backed by robust data from 63 recent HDB resale transactions in the vicinity. This extensive dataset provides a comprehensive insight into local market trends, reinforcing the accuracy of the valuation. As the remaining lease period is a significant factor influencing property value, the 63-year tenure allows potential buyers to capitalize on the long-term benefits of ownership in this desirable location. The equilibrium price indicates sustained interest in the Serangoon area, underscoring its status as a sought-after locale for both investors and homeowners alike.