5 Room (5A) HDB for Rent in 192C Rivervale Drive

The HDB 5-room unit located in the vibrant enclave of Serangoon, with a remaining lease of 71 years, is currently estimated at a value of $854,643, translating to $690 per square foot (PSF). This valuation reflects a nuanced understanding of the current market conditions, supported by a comprehensive analysis of 39 recent HDB resale transactions within the vicinity. The model confidence is rated as high, indicating a robust and reliable estimation based on empirical data.

In terms of market dynamics, this property is positioned at a market price that shows a 0% difference from the baseline, suggesting a stable valuation amidst fluctuating market conditions. The Serangoon area remains a sought-after locale, characterized by its connectivity, amenities, and community vibrancy, which continue to drive demand for HDB units. The remaining lease of 71 years further positions this property favorably, as it balances between longevity and marketability, making it an attractive option for both owner-occupiers and investors seeking to capitalize on the enduring value of HDB living in Singapore.