3-Room HDB for Room Rent: 261 Serangoon Central Drive

The valuation of the HDB 3 ROOM unit in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $86,159, translating to a price per square foot (PSF) of $574. This valuation reflects a precise alignment with the current market baseline, indicating a 0% variance. Such stability in pricing suggests a robust demand for HDB properties in this particular locale, bolstered by favorable demographic trends and a consistent influx of buyers seeking affordable housing options in proximity to urban amenities.

Analysis based on 191 recent HDB resale transactions in the vicinity affirms a high model confidence, underscoring the reliability of this valuation. The Serangoon area has demonstrated resilience in its property market, with the remaining lease of 61 years providing a significant window for potential buyers who prioritize long-term investment stability. This strategic location, coupled with the current market dynamics, positions this property as a compelling option for both end-users and investors alike, highlighting the importance of HDB leasehold dynamics in the broader Singaporean real estate landscape.