Common Room (HDB) for Rent in 301D Anchorvale Drive

The valuation of the HDB 4-room property in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $83,215, translating to a price per square foot (PSF) of $693. This valuation is particularly noteworthy as it reflects a market price with a 0% difference from the baseline, indicating a stable and balanced market condition for this property type in the area. The model confidence is rated as high, bolstered by a robust sample of 380 recent HDB resale transactions in the vicinity, allowing for a comprehensive understanding of the local market dynamics.

Given the remaining lease of 74 years, this property is positioned favorably within the HDB resale market, where lease duration often plays a critical role in value perception and buyer interest. The Serangoon area has shown resilience, with consistent demand for HDB properties, driven by its strategic location, accessibility, and community amenities. As the market continues to evolve, this valuation reflects not only the intrinsic worth of the property but also the broader trends affecting HDB prices in Singapore, underscoring the importance of lease duration and local market health in real estate investment decisions.