4 Room (4S) HDB for Rent in 240 Serangoon Avenue 2

The valuation of the 4-room HDB property in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $566,893, translating to $627 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand and supply scenario in the local market, which is critical for potential investors and homebuyers to consider.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only three recent HDB resale transactions in the vicinity. This scarcity of transactional data may introduce variability in the valuation and could suggest a need for further analysis or consideration of external market factors that might influence future pricing trends. As the remaining lease term of 57 years is a critical element in HDB valuations, buyers should weigh this factor against their long-term property investment strategies and market dynamics.