5-Room HDB for Room Rent: 401 Serangoon Avenue 1

The valuation of the 5-room HDB in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $115,804, translating to a price per square foot (PSF) of $579. This valuation reflects a strategic alignment with the prevailing market conditions, showcasing a 0% difference from the baseline, indicating a stable pricing environment for properties in this category. Such stability is underscored by the robust model confidence rating, which is classified as high, based on an extensive analysis of 154 recent HDB resale transactions within the vicinity.

As the HDB market continues to evolve, the longevity of the lease remaining plays a crucial role in determining property desirability and valuation stability. The 61-year remaining lease suggests a healthy lifespan for potential buyers, allowing for both immediate habitation and long-term investment potential. Additionally, the consistent market price signals a balanced supply-demand dynamic in Serangoon, reinforcing the area's attractiveness as a prime residential location. Buyers and investors can be assured that this property not only meets current market expectations but also possesses the potential for future appreciation in value.