4-Room HDB for Room Rent: 308B Anchorvale Road

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $101,215, translating to a price per square foot (PSF) of $675. This valuation is derived from a robust analytical model, which draws on 38 recent HDB resale transactions in the vicinity, providing a solid foundation for the current market assessment. The model exhibits high confidence, indicating a strong alignment with prevailing market conditions.

It is noteworthy that the market price indicates a 0% difference from the baseline, suggesting that the property is accurately priced in relation to similar units within the area. This stability signals a balanced market dynamic, where supply and demand are in a state of equilibrium. The remaining lease of 73 years is advantageous, as it falls within the acceptable range for buyers seeking both investment potential and long-term habitation. In summary, this property presents a compelling opportunity for prospective buyers looking to capitalize on the strengths of the Serangoon market, characterized by its vibrant community and accessibility.