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

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 57 years, is estimated at $156,701, translating to a price per square foot (PSF) of $522. This valuation aligns closely with the current market price, reflecting a 0% variance from the baseline. Such stability in pricing indicates a balanced demand and supply dynamic in this segment of the Serangoon property market. This area has historically been a sought-after location, and the current valuation underscores its resilience amidst evolving market conditions.

However, it is important to note that the model confidence for this valuation is classified as low. This suggests potential volatility, possibly influenced by broader economic factors and shifts in buyer sentiment. The analysis is based on three recent HDB resale transactions in the vicinity, which provides a foundational context but may not fully capture the nuances of individual buyer preferences and market fluctuations. Investors and homeowners should remain vigilant to these dynamics, particularly given the property’s remaining lease, which may impact long-term value appreciation.