4 Room (4A2) HDB for Sale in 131 Rivervale Street

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $644,893, translating to $666 PSF. This valuation has been derived from a robust analysis of 38 recent HDB resale transactions within the vicinity, ensuring a comprehensive understanding of the current market dynamics. The model confidence is rated as high, reflecting the reliability of the data and the consistency of the valuation methodology applied.

Market signals indicate that this property is a good deal, with a notable 5.7% difference from the baseline valuation, suggesting that buyers might be presented with a favorable opportunity in a competitive market. The remaining lease is a critical factor, as properties with longer leases typically command higher prices due to the perceived longevity and stability they offer. This valuation not only highlights the attractiveness of the Serangoon area but also underscores the ongoing demand for HDB properties in Singapore, particularly in well-established neighborhoods.