Master Room (Landed) for Rent in Poh Huat Gardens

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 62 years, stands at an estimated value of $214,252, translating to a price per square foot (PSF) of $549. This valuation indicates a market price that is consistent with the baseline, reflecting a 0% difference. Such stability in pricing suggests that the property is currently positioned in a balanced market environment, where demand and supply dynamics are relatively equal.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data derived from only two recent HDB resale transactions in the vicinity. This scarcity of transactions may affect the reliability of the price estimation, underscoring the potential volatility in the real estate market for HDB properties in this region. Investors and homeowners should be cognizant of the remaining lease period, as properties with longer leases typically enjoy a premium over those with shorter durations. As such, this 62-year lease offers a moderate timeframe for appreciation, which could appeal to a specific segment of buyers who are focused on long-term ownership.