4-Room HDB for Room Rent: 450 Tampines Street 42

The valuation of the HDB 4-room unit in Serangoon, with an estimated value of $216,621 and a price per square foot (PSF) of $722, reflects current market dynamics that are both stable and indicative of a strong demand. With a remaining lease of 75 years, this property offers a substantial duration for ownership, appealing to both young families and investors who seek long-term value retention in a highly sought-after neighborhood. The 0% difference from the baseline market price underscores a balanced market environment where supply and demand are effectively aligned.

Our analysis draws upon 362 recent HDB resale transactions within the vicinity, providing a robust data foundation supporting this valuation. The high model confidence suggests that the valuation is reliable, reflecting the intrinsic value of the property as well as the broader trends within the HDB market in Singapore. As the Serangoon area continues to develop and evolve, this property stands as a testament to the enduring appeal of HDB living, particularly in well-connected and established districts.