5 Room (5A) HDB for Rent in 186A Rivervale Drive

The valuation of the HDB 5-room unit located in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $890,714, translating to a competitive $696 per square foot (PSF). This valuation is reflective of the current market dynamics in the area, which has exhibited a stable price point, with a market price registering a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario, reinforcing the property’s esteemed position within the local real estate landscape.

With a model confidence rated as High, the valuation is grounded in robust analytical frameworks, supported by a comprehensive review of 39 recent HDB resale transactions in the vicinity. This extensive dataset underscores the property’s market resilience, particularly in a region characterized by its accessibility and vibrant community amenities. As the HDB lease length remains a crucial factor in property valuation, the 73 years left on this unit's lease offers a favorable outlook for prospective buyers, ensuring longevity and investment potential in this desirable locale.