4-Room HDB for Room Rent: 409D Northshore Drive

In the vibrant district of Serangoon, the valuation of a 4-room HDB unit reveals a notable estimated value of $74,814, translating to a price per square foot (PSF) of $680. With a remaining lease of 93 years, this property showcases significant longevity, making it an attractive option for both homebuyers and investors alike. The strong remaining lease is a critical factor in its valuation, providing a sense of security and potential for capital appreciation in the long term.

The market dynamics in Serangoon indicate a stable pricing environment, highlighted by a 0% difference from the baseline market price. This equilibrium suggests a robust demand for HDB properties in the area, supported by the analysis of 379 recent resale transactions within the vicinity. The high model confidence in this valuation reflects the reliability of the data and the overall market stability, reinforcing the attractiveness of this property in the current real estate landscape.