4-Room HDB for Room Rent: 139 Serangoon North Avenue 2

The valuation of the 4-room HDB property in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $58,633, equating to a price per square foot (PSF) of $586. This valuation reflects a strong alignment with the current market conditions, as indicated by a 0% difference from the baseline market price. Such stability in valuation is indicative of the consistent demand for HDB properties in this sought-after district, where numerous amenities and transport links enhance its desirability.

With model confidence rated as high and based on an analysis of 261 recent HDB resale transactions in the vicinity, this valuation is supported by robust empirical data. The remaining lease of 61 years is a crucial factor in the appraisal, as it provides potential buyers with a considerable timeframe for occupancy and investment before lease decay impacts value. In the context of the current market dynamics, this property represents not just a home but also a strategic asset within Singapore's evolving real estate landscape.