5-Room HDB for Room Rent: 984C Buangkok Link

The valuation of the 5-room HDB property in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $83,966, translating to approximately $840 PSF. This valuation is aligned with the current market price, indicating a stable market condition with a 0% difference from the baseline. Such stability is indicative of a balanced supply and demand dynamic within the local real estate landscape, reflecting a resilient interest in HDB properties despite the potential fluctuations in the broader economic environment.

The model confidence for this valuation is categorized as medium, which suggests a reasonable degree of reliability based on the data analyzed. This estimate is supported by a review of 9 recent HDB resale transactions in the vicinity, providing critical insight into prevailing market trends. The remaining lease period of 75 years is also a significant factor, as properties with longer leases tend to attract more buyers, ensuring sustained demand. Overall, this valuation serves as a benchmark for potential buyers and investors looking to navigate the Serangoon HDB market with informed decisions.