Terraced House for Room Rent: Lorong Paya Lebar

In the vibrant locale of Serangoon, the valuation for a 2-room HDB unit stands at approximately $136,765, translating to a price per square foot (PSF) of $651. This valuation is indicative of a stable market condition, with a noted 0% difference from the baseline, suggesting that the property is priced in alignment with current market expectations. The remaining lease of 75 years adds a level of security for potential buyers, as it represents a substantial duration for habitation, which is particularly attractive to younger families and first-time buyers.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set from only two recent HDB resale transactions in the vicinity. This scarcity underscores the necessity for caution among potential investors. Market dynamics in Serangoon have shown fluctuations, and while the current pricing reflects stability, ongoing developments and demographic shifts should be closely monitored to gauge future appreciation potential. Overall, this valuation serves as a critical reference point in navigating the competitive landscape of Singapore's HDB market.