5-Room HDB for Room Rent: 142 Marsiling Road

The valuation of the HDB 5-room property in Woodlands, with a remaining lease of 57 years, stands at an estimated value of $56,724, translating to a price per square foot (PSF) of $378. This valuation reflects a market price that shows a 0% difference from the established baseline, suggesting a stable demand in the area. The consistency in pricing may indicate a robust market sentiment, with buyers showing resilience in the face of fluctuating economic factors.

Analyzing the local market dynamics, the valuation is supported by data from 18 recent HDB resale transactions within the vicinity. This dataset provides a solid foundation for the estimated value, demonstrating a medium level of model confidence. The remaining lease of 57 years is a critical factor in this valuation, as it positions the property within a transitional phase of its lifecycle, appealing to buyers who prioritize long-term stability. As the Woodlands area continues to evolve, the potential for appreciation in property values remains a significant consideration for prospective homeowners and investors alike.