4 Room (4A) HDB for Rent in 333 Serangoon Avenue 3

The valuation of the HDB 4 Room property in Serangoon, estimated at $617,400 or $683 PSF, reflects a stable market condition with no fluctuations from the baseline price. This zero percent deviation indicates a balanced demand and supply scenario, suggesting that prospective buyers are aligning their expectations with current market valuations. With only 62 years remaining on the lease, potential investors should weigh the implications of lease longevity on future resale opportunities and market appeal.

Model confidence for this valuation is categorized as low, primarily due to the limited data set derived from just two recent HDB resale transactions in the vicinity. This scarcity of comparative sales may hinder a more robust analysis, underscoring the importance of thorough due diligence for potential buyers. In an evolving market, leasehold properties, particularly those with shorter remaining tenures, may experience fluctuations in desirability and value, further complicating investment decisions.