5-Room HDB for Room Rent: 186C Rivervale Drive

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $75,021, translating to a price per square foot (PSF) of $682. This valuation reflects a robust market signal, indicating a 0% difference from the baseline price, suggesting that the property is currently positioned at par with the prevailing market conditions. Such stability is indicative of sustained buyer interest and a balanced supply-demand dynamic in this sought-after residential enclave.

Our analysis is underpinned by a comprehensive review of 40 recent HDB resale transactions in the vicinity, providing a solid foundation for the high model confidence rating. With the remaining lease extending beyond the critical threshold, this property maintains its appeal to prospective buyers who are increasingly cautious about lease decay. As the market continues to exhibit resilience, the stability in value for this Serangoon unit signals a favorable long-term investment opportunity, particularly for families looking to settle in a region known for its amenities and accessibility.