4-Room HDB for Room Rent: 220 Serangoon Avenue 4

The recent valuation of the 4-room HDB in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $141,031, translating to $522 per square foot. This valuation is significant as it indicates a stable market price, with no deviation from the baseline, suggesting that the property is well-positioned within the current market dynamics. The lack of price fluctuation reflects a balanced demand and supply scenario, underscoring the attractiveness of the Serangoon location for potential buyers.

However, it is important to note that the model confidence for this valuation is categorized as low, which may imply that external factors or limited comparable sales data could be influencing this estimate. The valuation is derived from three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends or variances. As the remaining lease diminishes, potential buyers may need to consider leasehold implications on future resale value and the overall investment potential of this property.