3-Room HDB for Room Rent: 986B Buangkok Crescent

The valuation of the HDB 3-room unit in Serangoon, with a remaining lease of 84 years, is estimated at $101,748, translating to a robust $678 per square foot (PSF). This valuation reflects a keen alignment with current market conditions, as indicated by a market price that shows 0% difference from the baseline. Such stability in pricing suggests a well-balanced demand and supply dynamic in the Serangoon area, where the property market continues to demonstrate resilience amid broader economic fluctuations.

With a strong model confidence rating of High, this valuation is underscored by a comprehensive analysis of 192 recent HDB resale transactions in the vicinity. The data indicates a consistent interest in properties within this region, particularly those with significant remaining leases. A remaining lease of 84 years is advantageous, as it assures prospective buyers of longevity in ownership while mitigating concerns typically associated with shorter lease tenures. The current market dynamics indicate that Serangoon remains a sought-after locale, further solidifying the valuation's credibility and the investment potential of this HDB unit.