4 Room (4NG) HDB for Rent in 220 Serangoon Avenue 4

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $156,701, equating to a price per square foot (PSF) of $522. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable pricing environment in the area. The analysis is derived from three recent HDB resale transactions within the vicinity, affirming the consistency of market dynamics and pricing trends.

However, it is essential to note that the model confidence for this valuation is classified as low, signifying potential variability in the accuracy of the estimated value. The remaining lease period of 57 years may also influence buyer sentiment and future resale potential, as properties with shorter leases typically attract more cautious investment considerations. As the Serangoon area continues to evolve, factors such as upcoming infrastructure developments and community amenities will play a crucial role in shaping future demand and pricing for HDB units.