5 Room (5I) HDB for Sale in 190B Rivervale Drive

The valuation of the HDB 5-room property located in the vibrant Serangoon area presents a compelling investment opportunity, with an estimated value of $849,253, translating to $686 per square foot. With a remaining lease of 71 years, this property not only benefits from a substantial lease period that aligns well with the typical buyer's expectations but also positions itself favorably within a market characterized by consistent demand for HDB units in this locale.

The market signal indicates a "Good Deal," showcasing a notable 17.7% difference from the baseline valuation, suggesting that this property is competitively priced relative to comparable sales. This positive differential is supported by data derived from 40 recent HDB resale transactions in the vicinity, reinforcing the validity of the valuation and demonstrating high model confidence. Given the current dynamics of the Singapore real estate market, particularly in established neighborhoods like Serangoon, investors and homeowners alike should consider this listing as a prime opportunity to secure a property with both immediate value and long-term appreciation potential.