Master Room (Landed) for Rent in Parry Park

The valuation of the HDB 2-room property located in Serangoon, with a remaining lease of 64 years, stands at an estimated value of $85,063, translating to a price per square foot of $567. This valuation reflects a market price that is in line with the baseline, indicating a 0% difference. Such stability suggests that the property is maintaining its value amidst competitive market dynamics, particularly in a region known for its accessibility and community amenities.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This lack of comprehensive comparables may affect the reliability of the valuation, highlighting the necessity for potential buyers and investors to conduct further due diligence. As the remaining lease diminishes, it will be crucial to monitor the market trends and the sentiment surrounding HDB properties in Serangoon, especially as lease decay can influence future resale values.