4 Room (4A) HDB for Rent in 402 Serangoon Avenue 1

The current valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $813,946, translating to a price per square foot (PSF) of $740. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price. Such stability suggests that the property is positioned competitively within the current market landscape, which is crucial given the fluctuating conditions often observed in Singapore's real estate sector.

However, the model confidence for this valuation is categorized as low, a factor that warrants careful consideration. This low confidence level stems from the limited data pool, relying on just three recent HDB resale transactions in the vicinity. The dynamics of the HDB market in Singapore, particularly in established regions like Serangoon, indicate a trend where properties with longer remaining leases tend to command premium pricing. Investors and homeowners alike should remain vigilant of local market trends and engage in comprehensive analyses, particularly in light of the lease duration, which can significantly impact future resale potential and overall investment viability.