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

The valuation of the HDB Executive property in Serangoon, with a remaining lease of 63 years, stands at an estimated value of $2,226,731, translating to a price per square foot (PSF) of $586. This valuation reflects a market price that is in alignment with the baseline, indicating a stable demand and supply equilibrium in the local real estate landscape. The model confidence for this valuation is rated as high, providing a robust basis for prospective buyers and investors to consider this property as a secure investment opportunity.

Analyzing the recent market dynamics, this valuation is supported by data from 62 recent HDB resale transactions in the vicinity, which highlight a consistent trend in pricing. The steady performance of HDB properties in Serangoon can be attributed to its strategic location, excellent connectivity, and proximity to amenities. As the market continues to evolve, the 63-year lease remaining on this property positions it favorably against other housing options, ensuring that it remains an attractive prospect for both homebuyers seeking long-term residence and investors looking for capital appreciation.