4 Room (4NG) HDB for Rent in 243 Serangoon Avenue 2

The valuation of the HDB 4 room property in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $761,442, translating to a price per square foot (PSF) of $777. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable demand in this residential segment. The absence of price fluctuations suggests that the property is currently positioned in a balanced market, where buyer sentiment aligns closely with seller expectations.

However, it is important to note that the model confidence for this valuation is classified as low, which may imply a degree of uncertainty in the data. This valuation is corroborated by three recent HDB resale transactions in the vicinity, yet the limited sample size and potential variances in property conditions could influence the reliability of the estimate. Given the remaining lease period of 75 years, prospective buyers should consider the implications of leasehold tenure on future resale potential and marketability, particularly within the context of evolving urban dynamics and buyer preferences in Singapore.