4 Room (4NG) HDB for Rent in 241 Serangoon Avenue 3

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $546,226, translating to $570 PSF. This valuation positions the property at a market price that reflects a 0% difference from the baseline, indicating a stable market condition in the vicinity of this residential enclave. Such stability is characteristic of Serangoon, a well-established residential area known for its vibrant community and accessibility to amenities.

However, the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction within the vicinity. This limited data set necessitates a cautious approach, as it may not fully encapsulate the broader market dynamics or the nuanced preferences of potential buyers. As the remaining lease of 58 years is a significant factor influencing value, it is imperative for stakeholders to consider the implications of lease duration on long-term investment potential, as well as the overall demand for HDB properties in this region.