4 Room (4A) HDB for Rent in 131 Rivervale Street

The valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $717,435, translating to $666 PSF. This valuation is particularly significant as it reflects a market price that shows no deviation from the baseline, indicating a stable demand within this region. The current market dynamics suggest a balanced supply and demand, where buyers are willing to meet the asking prices, thereby reinforcing the property’s value.

With a high model confidence level derived from an analysis of 38 recent HDB resale transactions in the vicinity, this assessment underscores the robust market sentiment surrounding HDB properties in Serangoon. The remaining lease of 72 years contributes positively to the attractiveness of this property, appealing to both first-time buyers and investors seeking long-term value retention. This analysis highlights that as lease durations shorten, properties with significant remaining leases tend to maintain their market value, making this HDB unit a compelling option in the current landscape.