2 Room (2A) HDB for Rent in 220A Sumang Lane

The valuation of the HDB 2-room unit located in the Serangoon area presents a nuanced picture of the current market dynamics. With an estimated value of $336,702 translating to $651 PSF, this property retains a healthy position amid the broader market landscape. Notably, the remaining lease of 90 years provides the potential for long-term investment appeal, particularly for first-time buyers and young families seeking a stable residential environment. The absence of any deviation from the baseline market price suggests a balanced equilibrium, reflecting both buyer sentiment and seller expectations in this sought-after precinct.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset derived from just two recent HDB resale transactions in the vicinity. This scarcity of comparable sales can introduce a degree of volatility in the valuation process, underscoring the necessity for potential buyers to conduct thorough due diligence. As the market continues to evolve, stakeholders should remain vigilant of emerging trends and fluctuations that could impact future valuation trajectories in Serangoon and the broader HDB landscape.