4-Room HDB for Room Rent: 411 Serangoon Central

The valuation of the 4-room HDB unit in Serangoon indicates a current estimated value of $88,661, translating to a price per square foot of $682. With a remaining lease of 61 years, this property is positioned within a competitive market where lease duration significantly influences buyer sentiment and pricing dynamics. The valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand amidst the local property landscape.

However, it is crucial to note that the model confidence for this valuation is categorized as low, based on only two recent HDB resale transactions in the vicinity. This limited data set may not fully encapsulate the broader market trends, potentially skewing the perceived value of the property. As leasehold properties continue to gain traction among investors and homebuyers alike, the 61-year remaining lease should be a focal point for prospective buyers, as it may impact long-term investment viability and resale potential in the evolving real estate market.