Common Room (HDB) for Rent in 155 Rivervale Crescent

The valuation of the 2-room HDB unit in Serangoon, with a remaining lease of 78 years, stands at an estimated value of $63,849, equating to a price per square foot (PSF) of $638. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in the vicinity. The low variance suggests that potential buyers and investors may find this property appealing, given its accessibility to essential amenities and public transport, which are critical determinants of value in the HDB market.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data points, with only two recent HDB resale transactions in the area informing this analysis. This lack of robust transaction data may lead to fluctuations in perceived value as market conditions evolve. With a remaining lease of 78 years, the property is well-positioned in terms of leasehold duration, but prospective buyers should remain vigilant regarding market dynamics, especially as they pertain to the broader economic landscape and changing buyer preferences.