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

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 61 years, is estimated at $56,424, translating to a price per square foot (PSF) of $564. This valuation reflects a stable market condition, as indicated by the market price being consistent with the baseline, showing a 0% difference. Such stability points to a balanced demand and supply scenario within the local real estate landscape, suggesting that prospective buyers are willing to meet sellers' expectations in this sought-after district.

Our analysis is bolstered by a robust dataset comprising 380 recent HDB resale transactions in the vicinity, ensuring a high level of confidence in our model's accuracy. The strong performance of the Serangoon market can be attributed to its strategic location, excellent connectivity, and a rich array of amenities that appeal to families and young professionals alike. With a remaining lease of 61 years, this property still offers considerable longevity, making it an appealing investment for those looking to enter the HDB market in a vibrant neighborhood.