4-Room HDB for Room Rent: 409 Serangoon Central

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 61 years, is estimated at $102,835, equating to $686 per square foot (PSF). This valuation reflects a market signal indicating a baseline price with a 0% difference, suggesting that the property is currently aligned with prevailing market trends in the area. The stability of this valuation is underscored by its proximity to five recent HDB resale transactions within the vicinity, providing a robust comparative framework for analysis.

However, it is essential to note that the model confidence for this valuation is categorized as low. This signifies potential volatility in pricing due to fluctuating demand dynamics and the relatively shorter remaining lease term. In Singapore's evolving real estate landscape, properties with leases under 70 years can experience diminished buyer interest, impacting their marketability. Investors and homeowners should carefully consider these factors, particularly in the context of Serangoon's competitive housing market, where lease duration can significantly influence value retention and appreciation potential.