3 Room (3I) HDB for Rent in 106 Serangoon North Avenue 1

The valuation of the HDB 3-room unit located in Serangoon, with a remaining lease of 57 years, reflects a current estimated value of $362,480, translating to a price per square foot (PSF) of $481. This valuation indicates a stable market price, with a 0% difference from the baseline, suggesting that the property is priced in line with recent market trends and comparable transactions in the vicinity.

However, it is important to note that the model confidence for this valuation is categorized as low. This could be attributed to the limited number of recent transactions, as the analysis is based on only three comparable HDB resale transactions nearby. The remaining lease of 57 years is a critical factor in this valuation, as properties with shorter leases may experience diminished buyer interest and potential price depreciation over time. Investors and homebuyers should consider these dynamics carefully, as they navigate the complexities of the HDB market in Serangoon.