3 Room (3I) HDB for Rent in 222 Serangoon Avenue 4

The valuation of the 3-room HDB property located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $372,962, translating to a price per square foot (PSF) of $497. This valuation reflects a stable market price, with a negligible 0% difference from the baseline, indicating that the property is positioned in line with current market expectations. Given the longevity of the lease, this property presents a balanced opportunity for potential buyers who are seeking both immediate occupancy and long-term investment potential in a vibrant residential area.

However, it is important to note that the model confidence for this valuation is categorized as low, suggesting that external factors may influence the accuracy of the estimate. The analysis is based on a limited set of recent HDB resale transactions—only seven within the vicinity—which may not fully capture the broader market dynamics at play. Therefore, while the current valuation aligns with prevailing market trends, potential investors should exercise caution and consider additional qualitative factors such as neighborhood development plans, upcoming amenities, and overall market sentiment when making their decisions. The interplay of lease duration and market variables will be crucial in shaping future appreciation prospects for this Serangoon HDB unit.